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$4,191 (target)

9 Eastgate Dr, Coventry, RI 02816

3 beds • 2 baths • 1795 sqft

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This property looks like a bad Mid-Term investment with a projected -4.82% first-year return on $128k initial cash invested.

-4.82%

Cash On Cash

5.12%

Cap Rate

0.87

DSCR

$4,191

Rent

-$513

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,191 income − $4,704 expenses = $513 out of pocket

Income$4,191Out of Pocket$513Mortgage P&I$2,57361%Property Taxes$51612%Insurance$1895%Management$50312%CapEx$1684%Vacancy$1263%Maintenance$1684%Other$46111%

Investment Breakdown

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Purchase Price

$522k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$104k

Closing costs

1%

$5,224

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,191

Total Expenses

$4,704

Mortgage P&I

61%

$2,573

Property Taxes

12%

$516

Home Insurance

5%

$189

HOA

0%

$0

Property Management

12%

$503

CapEx

4%

$168

Vacancy

3%

$126

Maintenance

4%

$168

Other

11%

$461

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