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11 Nichole Ln, Coventry, RI 02816

3 beds • 2 baths • 1960 sqft

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This property looks like a bad Airbnb investment with a projected -8.97% first-year return on $122k initial cash invested.

-8.97%

Cash On Cash

4.06%

Cap Rate

0.69

DSCR

$4,114

Rent

-$914

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$497k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,340

Closing costs

1%

$4,967

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,114

Total Expenses

$5,028

Mortgage P&I

59%

$2,431

Property Taxes

11%

$447

Home Insurance

4%

$175

HOA

0%

$0

Property Management

15%

$617

CapEx

4%

$165

Vacancy

0%

$0

Maintenance

4%

$165

Other

25%

$1,028

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