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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 -11.22% first-year return on $120k initial cash invested.

-11.22%

Cash On Cash

3.76%

Cap Rate

0.61

DSCR

$3,925

Rent

-$1,124

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,925 income − $5,049 expenses = $1,124 out of pocket

Income$3,925Out of Pocket$1,124Mortgage P&I$2,49364%Property Taxes$50413%Insurance$1684%Management$58915%CapEx$1574%Maintenance$1574%Other$98125%

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

$3,925

Total Expenses

$5,049

Mortgage P&I

64%

$2,493

Property Taxes

13%

$504

Home Insurance

4%

$168

HOA

0%

$0

Property Management

15%

$589

CapEx

4%

$157

Vacancy

0%

$0

Maintenance

4%

$157

Other

25%

$981

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