REI Lense

REI Lense

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$3,812 (target)

60 Westwind Rd, South Kingstown, RI 02879

3 beds • 2 baths • 2084 sqft

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This property looks like a bad Long-Term investment with a projected -9.53% first-year return on $134k initial cash invested.

-9.53%

Cash On Cash

4.43%

Cap Rate

0.73

DSCR

$3,812

Rent

-$1,061

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,812 income − $4,873 expenses = $1,061 out of pocket

Income$3,812Out of Pocket$1,061Mortgage P&I$3,21584%Property Taxes$43011%Insurance$2366%Management$38110%CapEx$1915%Vacancy$2296%Maintenance$1915%

Investment Breakdown

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Purchase Price

$636k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$127k

Closing costs

1%

$6,359

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,812

Total Expenses

$4,873

Mortgage P&I

84%

$3,215

Property Taxes

11%

$430

Home Insurance

6%

$236

HOA

0%

$0

Property Management

10%

$381

CapEx

5%

$191

Vacancy

6%

$229

Maintenance

5%

$191

Other

0%

$0

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