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117 Longmeadow Ave, Worcester, MA 01605

3 beds • 2 baths • 1394 sqft

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This property looks like a bad Airbnb investment with a projected -12.06% first-year return on $120k initial cash invested.

-12.06%

Cash On Cash

3.54%

Cap Rate

0.58

DSCR

$3,761

Rent

-$1,208

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,761 income − $4,969 expenses = $1,208 out of pocket

Income$3,761Out of Pocket$1,208Mortgage P&I$2,49366%Property Taxes$50413%Insurance$1684%Management$56415%CapEx$1504%Maintenance$1504%Other$94025%

Investment Breakdown

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Purchase Price

$487k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,360

Closing costs

1%

$4,868

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,761

Total Expenses

$4,969

Mortgage P&I

66%

$2,493

Property Taxes

13%

$504

Home Insurance

4%

$168

HOA

0%

$0

Property Management

15%

$564

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$940

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