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$6,498 (target)

71 Remington Farm Dr, Coventry, RI 02816

3 beds • 3 baths • 2200 sqft

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This property might be a fair Mid-Term investment with a projected 2.57% first-year return on $148k initial cash invested.

2.57%

Cash On Cash

7.36%

Cap Rate

1.18

DSCR

$6,498

Rent

$316

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,498 income − $6,182 expenses = $316 cash flow

Income$6,498Mortgage P&I$3,20949%Property Taxes$5468%Insurance$2173%Management$78012%CapEx$2604%Vacancy$1953%Maintenance$2604%Other$71511%Cash Flow$316

Investment Breakdown

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Purchase Price

$617k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$123k

Closing costs

1%

$6,173

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,498

Total Expenses

$6,182

Mortgage P&I

49%

$3,209

Property Taxes

8%

$546

Home Insurance

3%

$217

HOA

0%

$0

Property Management

12%

$780

CapEx

4%

$260

Vacancy

3%

$195

Maintenance

4%

$260

Other

11%

$715

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