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12 Hazard St, Coventry, RI 02816

3 beds • 2 baths • 1323 sqft

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This property looks like a bad Airbnb investment with a projected -17.57% first-year return on $112k initial cash invested.

-17.57%

Cash On Cash

2.12%

Cap Rate

0.34

DSCR

$2,398

Rent

-$1,641

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,398 income − $4,039 expenses = $1,641 out of pocket

Income$2,398Out of Pocket$1,641Mortgage P&I$2,33797%Property Taxes$39416%Insurance$1567%Management$36015%CapEx$964%Maintenance$964%Other$60025%

Investment Breakdown

|

Purchase Price

$448k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,620

Closing costs

1%

$4,481

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,398

Total Expenses

$4,039

Mortgage P&I

97%

$2,337

Property Taxes

16%

$394

Home Insurance

7%

$156

HOA

0%

$0

Property Management

15%

$360

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$600

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