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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 -24.26% first-year return on $169k initial cash invested.

-24.26%

Cash On Cash

0.6%

Cap Rate

0.1

DSCR

$2,221

Rent

-$3,413

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,221 income − $5,634 expenses = $3,413 out of pocket

Income$2,221Out of Pocket$3,413Mortgage P&I$3,682166%Property Taxes$63529%Insurance$25111%Management$33315%CapEx$894%Maintenance$894%Other$55525%

Investment Breakdown

|

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

$2,221

Total Expenses

$5,634

Mortgage P&I

166%

$3,682

Property Taxes

29%

$635

Home Insurance

11%

$251

HOA

0%

$0

Property Management

15%

$333

CapEx

4%

$89

Vacancy

0%

$0

Maintenance

4%

$89

Other

25%

$555

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