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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 -12.37% first-year return on $148k initial cash invested.

-12.37%

Cash On Cash

3.64%

Cap Rate

0.58

DSCR

$4,709

Rent

-$1,522

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,709 income − $6,231 expenses = $1,522 out of pocket

Income$4,709Out of Pocket$1,522Mortgage P&I$3,20968%Property Taxes$54612%Insurance$2175%Management$70615%CapEx$1884%Maintenance$1884%Other$1,17725%

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

$4,709

Total Expenses

$6,231

Mortgage P&I

68%

$3,209

Property Taxes

12%

$546

Home Insurance

5%

$217

HOA

0%

$0

Property Management

15%

$706

CapEx

4%

$188

Vacancy

0%

$0

Maintenance

4%

$188

Other

25%

$1,177

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