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$4,317 (target)

33 Hammond St, Leominster, MA 01453

3 beds • 2 baths • 1945 sqft

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This property looks like a bad Mid-Term investment with a projected -5.8% first-year return on $141k initial cash invested.

-5.8%

Cash On Cash

4.89%

Cap Rate

0.82

DSCR

$4,317

Rent

-$682

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,317 income − $4,999 expenses = $682 out of pocket

Income$4,317Out of Pocket$682Mortgage P&I$2,89667%Property Taxes$42610%Insurance$2085%Management$51812%CapEx$1734%Vacancy$1303%Maintenance$1734%Other$47511%

Investment Breakdown

|

Purchase Price

$586k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$141k

Downpayment

20%

$117k

Closing costs

1%

$5,860

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,317

Total Expenses

$4,999

Mortgage P&I

67%

$2,896

Property Taxes

10%

$426

Home Insurance

5%

$208

HOA

0%

$0

Property Management

12%

$518

CapEx

4%

$173

Vacancy

3%

$130

Maintenance

4%

$173

Other

11%

$475

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