Newport, RI — Rental Investment Analysis

🔴POORnegative cash flow likely

Cap Rate

1.4%

Below average

Monthly Cash Flow

-$3,907

After all expenses

Price-to-Rent

26.1

Overpriced for rent

DSCR

0.23

Fails

📊 Key Metrics

Median Home Price
$948,386
Average Rent (3BR)
$3,030/mo
Price-to-Rent Ratio
26.1(high)
1% Rule
0.32%(fails — need 1%+)
Cash-on-Cash Return
-21.5%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Newport for Investors

02840
Cap Rate: 1.4%Cash Flow: -$3,907/mo$948,386
02840
Cap Rate: 1.4%Cash Flow: -$3,907/mo$948,386

All Zip Codes in Newport

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
028401.4%-$3,907$948,386$3,030/mo0.23
028401.4%-$3,907$948,386$3,030/mo0.23