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469 Lake Ave, Worcester, MA 01604

3 beds • 3 baths • 1874 sqft

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This property looks like a bad Long-Term investment with a projected -15.72% first-year return on $142k initial cash invested.

-15.72%

Cash On Cash

3%

Cap Rate

0.5

DSCR

$3,270

Rent

-$1,866

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$678k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$136k

Closing costs

1%

$6,784

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,270

Total Expenses

$5,136

Mortgage P&I

104%

$3,399

Property Taxes

20%

$638

Home Insurance

8%

$248

HOA

0%

$0

Property Management

10%

$327

CapEx

5%

$164

Vacancy

6%

$196

Maintenance

5%

$164

Other

0%

$0

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