REI Lense

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$4,971 (target)

85 Armistice Blvd, Pawtucket, RI 02860

3 beds • 3 baths • 3558 sqft

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This property might be a fair Mid-Term investment with a projected 5.49% first-year return on $109k initial cash invested.

5.49%

Cash On Cash

8.15%

Cap Rate

1.31

DSCR

$4,971

Rent

$498

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,971 income − $4,473 expenses = $498 cash flow

Income$4,971Mortgage P&I$2,24245%Property Taxes$3768%Insurance$1643%Management$59712%CapEx$1994%Vacancy$1493%Maintenance$1994%Other$54711%Cash Flow$498

Investment Breakdown

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Purchase Price

$433k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,500

Closing costs

1%

$4,325

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,971

Total Expenses

$4,473

Mortgage P&I

45%

$2,242

Property Taxes

8%

$376

Home Insurance

3%

$164

HOA

0%

$0

Property Management

12%

$597

CapEx

4%

$199

Vacancy

3%

$149

Maintenance

4%

$199

Other

11%

$547

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