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237 California St, Newton, MA 02458

4 beds • 5 baths • 4733 sqft

$1,999,000

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This property looks like a bad Long-Term investment with a projected -19.45% first-year return on $420k initial cash invested.

-19.45%

Cash On Cash

2.27%

Cap Rate

0.37

DSCR

$6,400

Rent

-$6,804

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1999k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$420k

Downpayment

20%

$400k

Closing costs

1%

$19,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,400

Total Expenses

$13,204

Mortgage P&I

160%

$10,269

Property Taxes

6%

$404

Home Insurance

11%

$700

HOA

3%

$167

Property Management

10%

$640

CapEx

5%

$320

Vacancy

6%

$384

Maintenance

5%

$320

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

11 Myrtle St, Watertown, MA 02472

$4,850

3

3.5

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0.4 mi

9 Myrtle St, Unit 3, Watertown, MA 02472

$4,850

3

3.5

2528

0.4 mi

208 Chapel St, Unit 1, Newton, MA 02458

$11,000

5

4.5

4282

0.4 mi

208 Chapel St, Unit 208, Newton, MA 02458

$11,000

5

4.5

4282

0.4 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

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

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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