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$5,073 (target)

8 South Dr, Westerly, RI 02891

3 beds • 3 baths • 1732 sqft

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This property might be a fair Mid-Term investment with a projected 0.27% first-year return on $137k initial cash invested.

0.27%

Cash On Cash

6.56%

Cap Rate

1.08

DSCR

$5,073

Rent

$31

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,073 income − $5,042 expenses = $31 cash flow

Income$5,073Mortgage P&I$2,86757%Property Taxes$2926%Insurance$1583%Management$60912%CapEx$2034%Vacancy$1523%Maintenance$2034%Other$55811%Cash Flow$31

Investment Breakdown

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Purchase Price

$567k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$113k

Closing costs

1%

$5,671

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,073

Total Expenses

$5,042

Mortgage P&I

57%

$2,867

Property Taxes

6%

$292

Home Insurance

3%

$158

HOA

0%

$0

Property Management

12%

$609

CapEx

4%

$203

Vacancy

3%

$152

Maintenance

4%

$203

Other

11%

$558

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