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273 Montgomery Ave, Providence, RI 02905

3 beds • 2 baths • 1374 sqft

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This property looks like a bad Airbnb investment with a projected -2.27% first-year return on $97,065 initial cash invested.

-2.27%

Cash On Cash

5.78%

Cap Rate

0.98

DSCR

$3,830

Rent

-$184

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$377k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,065

Downpayment

20%

$75,300

Closing costs

1%

$3,765

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,830

Total Expenses

$4,014

Mortgage P&I

48%

$1,846

Property Taxes

5%

$199

Home Insurance

3%

$131

HOA

0%

$0

Property Management

15%

$574

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$958

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