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$4,946 (target)

31 Colby Ave, Worcester, MA 01605

3 beds • 2 baths • 2158 sqft

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This property might be a fair Mid-Term investment with a projected 2.36% first-year return on $118k initial cash invested.

2.36%

Cash On Cash

7.23%

Cap Rate

1.18

DSCR

$4,946

Rent

$232

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,946 income − $4,714 expenses = $232 cash flow

Income$4,946Mortgage P&I$2,43449%Property Taxes$4329%Insurance$1663%Management$59412%CapEx$1984%Vacancy$1483%Maintenance$1984%Other$54411%Cash Flow$232

Investment Breakdown

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Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,080

Closing costs

1%

$4,754

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,946

Total Expenses

$4,714

Mortgage P&I

49%

$2,434

Property Taxes

9%

$432

Home Insurance

3%

$166

HOA

0%

$0

Property Management

12%

$594

CapEx

4%

$198

Vacancy

3%

$148

Maintenance

4%

$198

Other

11%

$544

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