REI Lense

REI Lense

Unlock all features! Tap here to upgrade

6502 Flat River Rd, Coventry, RI 02827

3 beds • 3 baths • 3867 sqft

Email

This property looks like a bad Airbnb investment with a projected -15.65% first-year return on $133k initial cash invested.

-15.65%

Cash On Cash

2.33%

Cap Rate

0.4

DSCR

$3,112

Rent

-$1,738

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,112 income − $4,850 expenses = $1,738 out of pocket

Income$3,112Out of Pocket$1,738Mortgage P&I$2,67986%Property Taxes$48616%Insurance$1926%Management$46715%CapEx$1244%Maintenance$1244%Other$77825%

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

$3,112

Total Expenses

$4,850

Mortgage P&I

86%

$2,679

Property Taxes

16%

$486

Home Insurance

6%

$192

HOA

0%

$0

Property Management

15%

$467

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$778

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis