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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 Mid-Term investment with a projected -13.46% first-year return on $236k initial cash invested.
-13.46%
Cash On Cash
3.98%
Cap Rate
0.59
DSCR
$6,381
Rent
-$2,653
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,381 income − $9,034 expenses = $2,653 out of pocket
Investment Breakdown
|
Purchase Price
$1040k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$236k
Downpayment
20%
$208k
Closing costs
1%
$10,404
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,381
Total Expenses
$9,034
Mortgage P&I
92%
$5,849
Property Taxes
10%
$642
Home Insurance
6%
$374
HOA
0%
$0
Property Management
12%
$766
CapEx
4%
$255
Vacancy
3%
$191
Maintenance
4%
$255
Other
11%
$702