REI Lense

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$3,386 (target)

83 Valente Dr, Cranston, RI 02920

3 beds • 2 baths • 2675 sqft

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This property looks like a bad Long-Term investment with a projected -9.06% first-year return on $109k initial cash invested.

-9.06%

Cash On Cash

4.57%

Cap Rate

0.75

DSCR

$3,386

Rent

-$825

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,386 income − $4,211 expenses = $825 out of pocket

Income$3,386Out of Pocket$825Mortgage P&I$2,63878%Property Taxes$51815%Insurance$1755%Management$33910%CapEx$1695%Vacancy$2036%Maintenance$1695%

Investment Breakdown

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Purchase Price

$521k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$104k

Closing costs

1%

$5,206

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,386

Total Expenses

$4,211

Mortgage P&I

78%

$2,638

Property Taxes

15%

$518

Home Insurance

5%

$175

HOA

0%

$0

Property Management

10%

$339

CapEx

5%

$169

Vacancy

6%

$203

Maintenance

5%

$169

Other

0%

$0

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