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71 Remington Farm Dr, Coventry, RI 02816

3 beds • 3 baths • 2200 sqft

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This property looks like a bad Airbnb investment with a projected -12.82% first-year return on $148k initial cash invested.

-12.82%

Cash On Cash

3.53%

Cap Rate

0.57

DSCR

$4,606

Rent

-$1,577

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,606 income − $6,183 expenses = $1,577 out of pocket

Income$4,606Out of Pocket$1,577Mortgage P&I$3,20970%Property Taxes$54612%Insurance$2175%Management$69115%CapEx$1844%Maintenance$1844%Other$1,15225%

Investment Breakdown

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Purchase Price

$617k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$123k

Closing costs

1%

$6,173

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,606

Total Expenses

$6,183

Mortgage P&I

70%

$3,209

Property Taxes

12%

$546

Home Insurance

5%

$217

HOA

0%

$0

Property Management

15%

$691

CapEx

4%

$184

Vacancy

0%

$0

Maintenance

4%

$184

Other

25%

$1,152

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