REI Lense

REI Lense

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$4,226 (target)

7 Hemlock Dr, Johnston, RI 02919

3 beds • 2 baths • 1730 sqft

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This property might be a fair Mid-Term investment with a projected 0.91% first-year return on $109k initial cash invested.

0.91%

Cash On Cash

6.71%

Cap Rate

1.12

DSCR

$4,226

Rent

$82

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$431k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,280

Closing costs

1%

$4,314

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,226

Total Expenses

$4,144

Mortgage P&I

51%

$2,163

Property Taxes

9%

$392

Home Insurance

4%

$152

HOA

0%

$0

Property Management

12%

$507

CapEx

4%

$169

Vacancy

3%

$127

Maintenance

4%

$169

Other

11%

$465

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