REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

48 Miller Rd, Newton Center, MA 02459

3 beds • 3 baths • 2453 sqft

$1,395,000

View on Zillow
Email

This property looks like a bad Long-Term investment with a projected -17.76% first-year return on $293k initial cash invested.

-17.76%

Cash On Cash

2.56%

Cap Rate

0.42

DSCR

$5,630

Rent

-$4,335

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1395k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$293k

Downpayment

20%

$279k

Closing costs

1%

$13,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,630

Total Expenses

$9,965

Mortgage P&I

125%

$7,031

Property Taxes

17%

$981

Home Insurance

9%

$488

HOA

0%

$0

Property Management

10%

$563

CapEx

5%

$282

Vacancy

6%

$338

Maintenance

5%

$282

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

68 Walnut Hill Rd, Newton, MA 02459

$5,200

3

3

2443

0.4 mi

1308 Walnut St, Newton, MA 02461

$8,000

3

3

2893

0.3 mi

11 Sunhill Ln, Unit 11, Newton, MA 02459

$4,755

3

2.5

2303

0.3 mi

14 Rockland St, Newton, MA 02461

$5,300

3

2.5

2616

0.8 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis