REI Lense

REI Lense

Unlock all features! Tap here to upgrade

55 Hoover St, Leominster, MA 01453

3 beds • 2 baths • 1421 sqft

Email

This property looks like a bad Airbnb investment with a projected -15.13% first-year return on $111k initial cash invested.

-15.13%

Cash On Cash

2.63%

Cap Rate

0.43

DSCR

$2,795

Rent

-$1,402

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,795 income − $4,197 expenses = $1,402 out of pocket

Income$2,795Out of Pocket$1,402Mortgage P&I$2,26481%Property Taxes$43616%Insurance$1556%Management$41915%CapEx$1124%Maintenance$1124%Other$69925%

Investment Breakdown

|

Purchase Price

$444k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,740

Closing costs

1%

$4,437

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,795

Total Expenses

$4,197

Mortgage P&I

81%

$2,264

Property Taxes

16%

$436

Home Insurance

6%

$155

HOA

0%

$0

Property Management

15%

$419

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$699

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis