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20 Drexel St, Worcester, MA 01602

3 beds • 2 baths • 1108 sqft

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This property looks like a bad Airbnb investment with a projected -10.15% first-year return on $112k initial cash invested.

-10.15%

Cash On Cash

3.99%

Cap Rate

0.65

DSCR

$3,764

Rent

-$948

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,764 income − $4,712 expenses = $948 out of pocket

Income$3,764Out of Pocket$948Mortgage P&I$2,28861%Property Taxes$45812%Insurance$1584%Management$56515%CapEx$1514%Maintenance$1514%Other$94125%

Investment Breakdown

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Purchase Price

$448k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,640

Closing costs

1%

$4,482

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,764

Total Expenses

$4,712

Mortgage P&I

61%

$2,288

Property Taxes

12%

$458

Home Insurance

4%

$158

HOA

0%

$0

Property Management

15%

$565

CapEx

4%

$151

Vacancy

0%

$0

Maintenance

4%

$151

Other

25%

$941

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