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66 Scenic Dr, Warwick, RI 02886

3 beds • 2 baths • 3606 sqft

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This property looks like a bad Mid-Term investment with a projected -1.45% first-year return on $130k initial cash invested.

-1.45%

Cash On Cash

5.93%

Cap Rate

1.01

DSCR

$4,742

Rent

-$158

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,350

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,742

Total Expenses

$4,900

Mortgage P&I

55%

$2,614

Property Taxes

10%

$486

Home Insurance

4%

$187

HOA

0%

$0

Property Management

12%

$569

CapEx

4%

$190

Vacancy

3%

$142

Maintenance

4%

$190

Other

11%

$522

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