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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 -19.82% first-year return on $155k initial cash invested.

-19.82%

Cash On Cash

1.55%

Cap Rate

0.26

DSCR

$3,129

Rent

-$2,561

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,129 income − $5,690 expenses = $2,561 out of pocket

Income$3,129Out of Pocket$2,561Mortgage P&I$3,277105%Property Taxes$68522%Insurance$2277%Management$46915%CapEx$1254%Maintenance$1254%Other$78225%

Investment Breakdown

|

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

$3,129

Total Expenses

$5,690

Mortgage P&I

105%

$3,277

Property Taxes

22%

$685

Home Insurance

7%

$227

HOA

0%

$0

Property Management

15%

$469

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$782

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