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38 Trinity Pkwy, Providence, RI 02908

3 beds • 2 baths • 2431 sqft

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This property looks like a bad Airbnb investment with a projected -15.35% first-year return on $143k initial cash invested.

-15.35%

Cash On Cash

2.81%

Cap Rate

0.45

DSCR

$3,762

Rent

-$1,829

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$595k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$119k

Closing costs

1%

$5,950

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,762

Total Expenses

$5,591

Mortgage P&I

82%

$3,072

Property Taxes

13%

$507

Home Insurance

6%

$208

HOA

0%

$0

Property Management

15%

$564

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$940

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