REI Lense

REI Lense

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$2,318 (target)

94 Ballston Ave, Pawtucket, RI 02861

3 beds • 2 baths • 1811 sqft

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This property looks like a bad Long-Term investment with a projected -10.69% first-year return on $81,480 initial cash invested.

-10.69%

Cash On Cash

4.31%

Cap Rate

0.7

DSCR

$2,318

Rent

-$726

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,318 income − $3,044 expenses = $726 out of pocket

Income$2,318Out of Pocket$726Mortgage P&I$2,00286%Property Taxes$30413%Insurance$1356%Management$23210%CapEx$1165%Vacancy$1396%Maintenance$1165%

Investment Breakdown

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Purchase Price

$388k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,480

Downpayment

20%

$77,600

Closing costs

1%

$3,880

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,318

Total Expenses

$3,044

Mortgage P&I

86%

$2,002

Property Taxes

13%

$304

Home Insurance

6%

$135

HOA

0%

$0

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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