REI Lense

REI Lense

Unlock all features! Tap here to upgrade

851 River Ave, Providence, RI 02908

3 beds • 2 baths • 1152 sqft

Email

This property looks like a bad Airbnb investment with a projected -21.44% first-year return on $122k initial cash invested.

-21.44%

Cash On Cash

1.04%

Cap Rate

0.17

DSCR

$1,607

Rent

-$2,178

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,607 income − $3,785 expenses = $2,178 out of pocket

Income$1,607Out of Pocket$2,178Mortgage P&I$2,541158%Property Taxes$30019%Insurance$17311%Management$24115%CapEx$644%Maintenance$644%Other$40225%

Investment Breakdown

|

Purchase Price

$495k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$98,980

Closing costs

1%

$4,949

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,607

Total Expenses

$3,785

Mortgage P&I

158%

$2,541

Property Taxes

19%

$300

Home Insurance

11%

$173

HOA

0%

$0

Property Management

15%

$241

CapEx

4%

$64

Vacancy

0%

$0

Maintenance

4%

$64

Other

25%

$402

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis