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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 -23.48% first-year return on $122k initial cash invested.

-23.48%

Cash On Cash

0.44%

Cap Rate

0.07

DSCR

$1,434

Rent

-$2,386

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,434 income − $3,820 expenses = $2,386 out of pocket

Income$1,434Out of Pocket$2,386Mortgage P&I$2,511175%Property Taxes$44931%Insurance$17312%Management$21515%CapEx$574%Maintenance$574%Other$35825%

Investment Breakdown

|

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

$1,434

Total Expenses

$3,820

Mortgage P&I

175%

$2,511

Property Taxes

31%

$449

Home Insurance

12%

$173

HOA

0%

$0

Property Management

15%

$215

CapEx

4%

$57

Vacancy

0%

$0

Maintenance

4%

$57

Other

25%

$358

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