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31 Starling Way, Leominster, MA 01453

3 beds • 4 baths • 2732 sqft

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This property looks like a bad Airbnb investment with a projected -20.18% first-year return on $159k initial cash invested.

-20.18%

Cash On Cash

1.44%

Cap Rate

0.24

DSCR

$2,894

Rent

-$2,674

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,894 income − $5,568 expenses = $2,674 out of pocket

Income$2,894Out of Pocket$2,674Mortgage P&I$3,365116%Property Taxes$57520%Insurance$2388%Management$43415%CapEx$1164%Maintenance$1164%Other$72425%

Investment Breakdown

|

Purchase Price

$672k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$159k

Downpayment

20%

$134k

Closing costs

1%

$6,716

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,894

Total Expenses

$5,568

Mortgage P&I

116%

$3,365

Property Taxes

20%

$575

Home Insurance

8%

$238

HOA

0%

$0

Property Management

15%

$434

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$724

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