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14 Indian Ridge Dr, Leominster, MA 01453

3 beds • 2 baths • 2100 sqft

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This property looks like a bad Airbnb investment with a projected -27.35% first-year return on $132k initial cash invested.

-27.35%

Cash On Cash

-0.45%

Cap Rate

-0.07

DSCR

$1,065

Rent

-$3,015

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,065 income − $4,080 expenses = $3,015 out of pocket

Income$1,065Out of Pocket$3,015Mortgage P&I$2,770260%Property Taxes$60957%Insurance$18918%Management$16015%CapEx$434%Maintenance$434%Other$26625%

Investment Breakdown

|

Purchase Price

$544k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$109k

Closing costs

1%

$5,442

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,065

Total Expenses

$4,080

Mortgage P&I

260%

$2,770

Property Taxes

57%

$609

Home Insurance

18%

$189

HOA

0%

$0

Property Management

15%

$160

CapEx

4%

$43

Vacancy

0%

$0

Maintenance

4%

$43

Other

25%

$266

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