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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 -12.63% first-year return on $112k initial cash invested.

-12.63%

Cash On Cash

3.32%

Cap Rate

0.54

DSCR

$3,318

Rent

-$1,180

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,318 income − $4,498 expenses = $1,180 out of pocket

Income$3,318Out of Pocket$1,180Mortgage P&I$2,28869%Property Taxes$45814%Insurance$1585%Management$49815%CapEx$1334%Maintenance$1334%Other$83025%

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

$3,318

Total Expenses

$4,498

Mortgage P&I

69%

$2,288

Property Taxes

14%

$458

Home Insurance

5%

$158

HOA

0%

$0

Property Management

15%

$498

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$830

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