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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 -9.06% first-year return on $120k initial cash invested.

-9.06%

Cash On Cash

4.34%

Cap Rate

0.71

DSCR

$4,341

Rent

-$908

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,341 income − $5,249 expenses = $908 out of pocket

Income$4,341Out of Pocket$908Mortgage P&I$2,49357%Property Taxes$50412%Insurance$1684%Management$65115%CapEx$1744%Maintenance$1744%Other$1,08525%

Investment Breakdown

|

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

$4,341

Total Expenses

$5,249

Mortgage P&I

57%

$2,493

Property Taxes

12%

$504

Home Insurance

4%

$168

HOA

0%

$0

Property Management

15%

$651

CapEx

4%

$174

Vacancy

0%

$0

Maintenance

4%

$174

Other

25%

$1,085

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