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148 Whitmarsh Ave, Worcester, MA 01606

3 beds • 2 baths • 1344 sqft

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This property looks like a bad Airbnb investment with a projected -1.12% first-year return on $99,753 initial cash invested.

-1.12%

Cash On Cash

6.17%

Cap Rate

1.04

DSCR

$4,442

Rent

-$93

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,442 income − $4,535 expenses = $93 out of pocket

Income$4,442Out of Pocket$93Mortgage P&I$1,91743%Property Taxes$3508%Insurance$1363%Management$66615%CapEx$1784%Maintenance$1784%Other$1,11025%

Investment Breakdown

|

Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,753

Downpayment

20%

$77,860

Closing costs

1%

$3,893

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,442

Total Expenses

$4,535

Mortgage P&I

43%

$1,917

Property Taxes

8%

$350

Home Insurance

3%

$136

HOA

0%

$0

Property Management

15%

$666

CapEx

4%

$178

Vacancy

0%

$0

Maintenance

4%

$178

Other

25%

$1,110

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