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 Airbnb investment with a projected -19.05% first-year return on $311k initial cash invested.

-19.05%

Cash On Cash

2.04%

Cap Rate

0.34

DSCR

$6,852

Rent

-$4,937

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

$311k

Downpayment

20%

$279k

Closing costs

1%

$13,950

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,852

Total Expenses

$11,789

Mortgage P&I

103%

$7,031

Property Taxes

14%

$981

Home Insurance

7%

$488

HOA

0%

$0

Property Management

15%

$1,028

CapEx

4%

$274

Vacancy

0%

$0

Maintenance

4%

$274

Other

25%

$1,713

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Privately Clean 3B3B in Newton Center Free Parking

$6,900

$349

3

3

0.87 mi

3BR Home w/ Deck: Walkable to Transit & Eateries

$7,928

$401

3

3

0.93 mi

Elegant & Spacious~Easy Boston Access! STR-25-22

$14,532

$735

3

3

1.14 mi

Spacious Newton Ranch

$2,946

$149

3

3

1.36 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis