REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$5,002 (target)

666 Putnam Pike, Smithfield, RI 02828

3 beds • 3 baths • 1703 sqft

Email

This property looks like a bad Mid-Term investment with a projected -4.12% first-year return on $141k initial cash invested.

-4.12%

Cash On Cash

5.82%

Cap Rate

0.91

DSCR

$5,002

Rent

-$483

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,002 income − $5,485 expenses = $483 out of pocket

Income$5,002Out of Pocket$483Mortgage P&I$3,12262%Property Taxes$4589%Insurance$2054%Management$60012%CapEx$2004%Vacancy$1503%Maintenance$2004%Other$55011%

Investment Breakdown

|

Purchase Price

$585k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$141k

Downpayment

20%

$117k

Closing costs

1%

$5,849

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,002

Total Expenses

$5,485

Mortgage P&I

62%

$3,122

Property Taxes

9%

$458

Home Insurance

4%

$205

HOA

0%

$0

Property Management

12%

$600

CapEx

4%

$200

Vacancy

3%

$150

Maintenance

4%

$200

Other

11%

$550

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis