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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 -15.3% first-year return on $133k initial cash invested.

-15.3%

Cash On Cash

2.42%

Cap Rate

0.41

DSCR

$3,191

Rent

-$1,699

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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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

$3,191

Total Expenses

$4,890

Mortgage P&I

84%

$2,679

Property Taxes

15%

$486

Home Insurance

6%

$192

HOA

0%

$0

Property Management

15%

$479

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$798

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