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Rhode Island Cash on Cash Return Calculator

Cash on cash return measures annual cash flow ÷ total cash invested. Pre-filled with Rhode Island market data including property tax, insurance, vacancy rates, and management fees.

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Property & Financing

Rental Income

Operating Expenses(Rhode Island defaults)

Total Annual Expenses$14,860

Rhode Island Market Context

Avg Cap Rate

5.2%

Median Price

$487K

Property Tax

1%

Vacancy Rate

2.6%

Local Factors

  • -Lowest rental vacancy rate in the nation at 2.6% creates strong landlord leverage
  • -Small state with limited new construction supports tight supply
  • -Providence offers more affordable investment than nearby Boston/CT markets

Cash on Cash Return

-17.7%

Negative
Annual Cash Flow$-19,828
Monthly Cash Flow$-1,652
Total Cash Invested$112,010
Monthly Mortgage$2,592
NOI$11,276

Where Rent Goes

COC RETURN-17.7%
Cash Flow$0
Debt Service$31,104
Expenses$14,860

Cash Invested Breakdown

Down Payment$97,400
Closing Costs$14,610

What does this mean?

Negative cash on cash means you're losing money each month. The property's rental income doesn't cover your expenses and mortgage. Consider renegotiating the price, increasing rents, or walking away.