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61 Argonne St, Johnston, RI 02919

3 beds • 2 baths • 2174 sqft

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This property looks like a bad Airbnb investment with a projected -11.63% first-year return on $131k initial cash invested.

-11.63%

Cash On Cash

3.54%

Cap Rate

0.59

DSCR

$4,013

Rent

-$1,273

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$540k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,397

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,013

Total Expenses

$5,286

Mortgage P&I

67%

$2,706

Property Taxes

11%

$461

Home Insurance

5%

$192

HOA

0%

$0

Property Management

15%

$602

CapEx

4%

$161

Vacancy

0%

$0

Maintenance

4%

$161

Other

25%

$1,003

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