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$3,592 (target)

365 Lake Ave, Worcester, MA 01604

3 beds • 2 baths • 1200 sqft

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This property looks like a bad Mid-Term investment with a projected -5.31% first-year return on $118k initial cash invested.

-5.31%

Cash On Cash

5.09%

Cap Rate

0.84

DSCR

$3,592

Rent

-$521

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,592 income − $4,113 expenses = $521 out of pocket

Income$3,592Out of Pocket$521Mortgage P&I$2,39367%Property Taxes$3329%Insurance$1665%Management$43112%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39511%

Investment Breakdown

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Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,592

Total Expenses

$4,113

Mortgage P&I

67%

$2,393

Property Taxes

9%

$332

Home Insurance

5%

$166

HOA

0%

$0

Property Management

12%

$431

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$395

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