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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 -16.42% first-year return on $159k initial cash invested.

-16.42%

Cash On Cash

2.4%

Cap Rate

0.4

DSCR

$3,850

Rent

-$2,176

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,850 income − $6,026 expenses = $2,176 out of pocket

Income$3,850Out of Pocket$2,176Mortgage P&I$3,36587%Property Taxes$57515%Insurance$2386%Management$57815%CapEx$1544%Maintenance$1544%Other$96225%

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

$3,850

Total Expenses

$6,026

Mortgage P&I

87%

$3,365

Property Taxes

15%

$575

Home Insurance

6%

$238

HOA

0%

$0

Property Management

15%

$578

CapEx

4%

$154

Vacancy

0%

$0

Maintenance

4%

$154

Other

25%

$962

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