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22 Burdean Rd, Newton, MA 02459

4 beds • 3 baths • 3900 sqft

$2,369,800

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This property looks like a bad Long-Term investment with a projected -21.6% first-year return on $498k initial cash invested.

-21.6%

Cash On Cash

1.63%

Cap Rate

0.27

DSCR

$6,910

Rent

-$8,956

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$2370k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$498k

Downpayment

20%

$474k

Closing costs

1%

$23,698

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,910

Total Expenses

$15,866

Mortgage P&I

171%

$11,828

Property Taxes

20%

$1,383

Home Insurance

12%

$857

HOA

0%

$0

Property Management

10%

$691

CapEx

5%

$346

Vacancy

6%

$415

Maintenance

5%

$346

Other

0%

$0

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Comparable Property

Rent

Beds

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SQFT

Distance

446 Dudley Rd, Newton, MA 02459

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3

3469

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4

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4

2.5

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0.2 mi

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4

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

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$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

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2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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