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575 Chestnut St, Newton, MA 02468

4 beds • 3 baths • 2771 sqft

$2,880,300

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This property looks like a bad Long-Term investment with a projected -22.05% first-year return on $605k initial cash invested.

-22.05%

Cash On Cash

1.69%

Cap Rate

0.27

DSCR

$7,590

Rent

-$11,113

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$2880k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$605k

Downpayment

20%

$576k

Closing costs

1%

$28,803

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$7,590

Total Expenses

$18,703

Mortgage P&I

195%

$14,797

Property Taxes

17%

$1,302

Home Insurance

8%

$630

HOA

0%

$0

Property Management

10%

$759

CapEx

5%

$380

Vacancy

6%

$455

Maintenance

5%

$380

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

140 Paulson Rd, Newton, MA 02468

$6,000

4

3

2487

0.4 mi

24 Bowdoin St, Newton, MA 02461

$6,250

4

2.5

3000

0.9 mi

27 Chesterfield Rd, Newton, MA 02465

$7,800

4

3.5

3127

0.8 mi

25 Allen Ave, Newton, MA 02468

$5,975

4

2.5

2297

0.3 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

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