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34 Harbor Light Rd, Leominster, MA 01453

3 beds • 4 baths • 2560 sqft

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This property looks like a bad Airbnb investment with a projected -21.75% first-year return on $155k initial cash invested.

-21.75%

Cash On Cash

1.05%

Cap Rate

0.17

DSCR

$2,652

Rent

-$2,810

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,652 income − $5,462 expenses = $2,810 out of pocket

Income$2,652Out of Pocket$2,810Mortgage P&I$3,277124%Property Taxes$68526%Insurance$2279%Management$39815%CapEx$1064%Maintenance$1064%Other$66325%

Investment Breakdown

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Purchase Price

$653k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$155k

Downpayment

20%

$131k

Closing costs

1%

$6,526

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,652

Total Expenses

$5,462

Mortgage P&I

124%

$3,277

Property Taxes

26%

$685

Home Insurance

9%

$227

HOA

0%

$0

Property Management

15%

$398

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$663

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