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6502 Flat River Rd, Coventry, RI 02827

3 beds • 3 baths • 3867 sqft

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This property looks like a bad Airbnb investment with a projected -17.65% first-year return on $133k initial cash invested.

-17.65%

Cash On Cash

1.8%

Cap Rate

0.31

DSCR

$2,682

Rent

-$1,961

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,682 income − $4,643 expenses = $1,961 out of pocket

Income$2,682Out of Pocket$1,961Mortgage P&I$2,679100%Property Taxes$48618%Insurance$1927%Management$40215%CapEx$1074%Maintenance$1074%Other$67025%

Investment Breakdown

|

Purchase Price

$549k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$110k

Closing costs

1%

$5,490

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,682

Total Expenses

$4,643

Mortgage P&I

100%

$2,679

Property Taxes

18%

$486

Home Insurance

7%

$192

HOA

0%

$0

Property Management

15%

$402

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$670

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