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179 8th St, Leominster, MA 01453

3 beds • 2 baths • 1547 sqft

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This property looks like a bad Airbnb investment with a projected -23.74% first-year return on $122k initial cash invested.

-23.74%

Cash On Cash

0.37%

Cap Rate

0.06

DSCR

$1,384

Rent

-$2,413

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,384 income − $3,797 expenses = $2,413 out of pocket

Income$1,384Out of Pocket$2,413Mortgage P&I$2,511181%Property Taxes$44932%Insurance$17313%Management$20815%CapEx$554%Maintenance$554%Other$34625%

Investment Breakdown

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Purchase Price

$495k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,000

Closing costs

1%

$4,950

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,384

Total Expenses

$3,797

Mortgage P&I

181%

$2,511

Property Taxes

32%

$449

Home Insurance

13%

$173

HOA

0%

$0

Property Management

15%

$208

CapEx

4%

$55

Vacancy

0%

$0

Maintenance

4%

$55

Other

25%

$346

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