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16 Beale St, Worcester, MA 01606

3 beds • 2 baths • 1257 sqft

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This property looks like a bad Airbnb investment with a projected -6.75% first-year return on $103k initial cash invested.

-6.75%

Cash On Cash

4.7%

Cap Rate

0.79

DSCR

$3,759

Rent

-$580

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$406k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$81,120

Closing costs

1%

$4,056

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,759

Total Expenses

$4,339

Mortgage P&I

54%

$2,019

Property Taxes

9%

$352

Home Insurance

4%

$164

HOA

0%

$0

Property Management

15%

$564

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$940

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