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2 Saxon Rd, Worcester, MA 01602

3 beds • 2 baths • 1604 sqft

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This property looks like a bad Airbnb investment with a projected -3.97% first-year return on $118k initial cash invested.

-3.97%

Cash On Cash

5.34%

Cap Rate

0.92

DSCR

$4,840

Rent

-$389

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$474k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$94,800

Closing costs

1%

$4,740

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,840

Total Expenses

$5,229

Mortgage P&I

48%

$2,305

Property Taxes

9%

$434

Home Insurance

3%

$166

HOA

0%

$0

Property Management

15%

$726

CapEx

4%

$194

Vacancy

0%

$0

Maintenance

4%

$194

Other

25%

$1,210

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