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264 Locust Glen Dr, Cranston, RI 02921

3 beds • 2 baths • 1836 sqft

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This property looks like a bad Airbnb investment with a projected -15.07% first-year return on $121k initial cash invested.

-15.07%

Cash On Cash

2.79%

Cap Rate

0.45

DSCR

$3,150

Rent

-$1,518

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$490k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$97,980

Closing costs

1%

$4,899

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,150

Total Expenses

$4,668

Mortgage P&I

80%

$2,529

Property Taxes

14%

$452

Home Insurance

6%

$175

HOA

0%

$0

Property Management

15%

$472

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$788

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