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161 Council Rock Rd S, Cranston, RI 02921

3 beds • 3 baths • 2467 sqft

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This property looks like a bad Airbnb investment with a projected -24.06% first-year return on $169k initial cash invested.

-24.06%

Cash On Cash

0.65%

Cap Rate

0.11

DSCR

$2,275

Rent

-$3,385

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,275 income − $5,660 expenses = $3,385 out of pocket

Income$2,275Out of Pocket$3,385Mortgage P&I$3,682162%Property Taxes$63528%Insurance$25111%Management$34115%CapEx$914%Maintenance$914%Other$56925%

Investment Breakdown

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Purchase Price

$718k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$169k

Downpayment

20%

$144k

Closing costs

1%

$7,183

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,275

Total Expenses

$5,660

Mortgage P&I

162%

$3,682

Property Taxes

28%

$635

Home Insurance

11%

$251

HOA

0%

$0

Property Management

15%

$341

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$569

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