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1639 Washington St, Newton, MA 02465

4 beds • 3 baths • 2018 sqft

$1,167,400

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This property looks like a bad Long-Term investment with a projected -14.92% first-year return on $245k initial cash invested.

-14.92%

Cash On Cash

3.24%

Cap Rate

0.53

DSCR

$5,560

Rent

-$3,049

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1167k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$245k

Downpayment

20%

$233k

Closing costs

1%

$11,674

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,560

Total Expenses

$8,609

Mortgage P&I

106%

$5,919

Property Taxes

15%

$831

Home Insurance

7%

$413

HOA

0%

$0

Property Management

10%

$556

CapEx

5%

$278

Vacancy

6%

$334

Maintenance

5%

$278

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

50 Staniford St, Newton, MA 02466

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2

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$5,900

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2.5

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0.7 mi

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4

2.5

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0.6 mi

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2

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

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$2,850

5

4

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0.6 mi

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$1,100

2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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