REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

264 Locust Glen Dr, Cranston, RI 02921

3 beds • 2 baths • 1836 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.33% first-year return on $121k initial cash invested.

-14.33%

Cash On Cash

2.98%

Cap Rate

0.48

DSCR

$3,295

Rent

-$1,443

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

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

$3,295

Total Expenses

$4,738

Mortgage P&I

77%

$2,529

Property Taxes

14%

$452

Home Insurance

5%

$175

HOA

0%

$0

Property Management

15%

$494

CapEx

4%

$132

Vacancy

0%

$0

Maintenance

4%

$132

Other

25%

$824

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis