REI Lense

REI Lense

Unlock all features! Tap here to upgrade

83 Bateman Ave, Cranston, RI 02920

3 beds • 2 baths • 1435 sqft

Email

This property looks like a bad Airbnb investment with a projected -13.2% first-year return on $108k initial cash invested.

-13.2%

Cash On Cash

2.86%

Cap Rate

0.49

DSCR

$2,743

Rent

-$1,189

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,743 income − $3,932 expenses = $1,189 out of pocket

Income$2,743Out of Pocket$1,189Mortgage P&I$2,10077%Property Taxes$36513%Insurance$1505%Management$41115%CapEx$1104%Maintenance$1104%Other$68625%

Investment Breakdown

|

Purchase Price

$429k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,780

Closing costs

1%

$4,289

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,743

Total Expenses

$3,932

Mortgage P&I

77%

$2,100

Property Taxes

13%

$365

Home Insurance

5%

$150

HOA

0%

$0

Property Management

15%

$411

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$686

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis