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685C Curtis Corner Rd, South Kingstown, RI 02879
3 beds • 3 baths • 4401 sqft
$1,040,400
View on ZillowThis property looks like a bad Long-Term investment with a projected -20.42% first-year return on $218k initial cash invested.
-20.42%
Cash On Cash
2.7%
Cap Rate
0.4
DSCR
$4,254
Rent
-$3,717
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,254 income − $7,971 expenses = $3,717 out of pocket
Investment Breakdown
|
Purchase Price
$1040k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$218k
Downpayment
20%
$208k
Closing costs
1%
$10,404
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,254
Total Expenses
$7,971
Mortgage P&I
137%
$5,849
Property Taxes
15%
$642
Home Insurance
9%
$374
HOA
0%
$0
Property Management
10%
$425
CapEx
5%
$213
Vacancy
6%
$255
Maintenance
5%
$213
Other
0%
$0