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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 Mid-Term investment with a projected -3.7% first-year return on $122k initial cash invested.

-3.7%

Cash On Cash

5.35%

Cap Rate

0.91

DSCR

$4,054

Rent

-$377

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

$4,054

Total Expenses

$4,431

Mortgage P&I

60%

$2,431

Property Taxes

11%

$447

Home Insurance

4%

$175

HOA

0%

$0

Property Management

12%

$486

CapEx

4%

$162

Vacancy

3%

$122

Maintenance

4%

$162

Other

11%

$446

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