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6 Idalla Ave, Worcester, MA 01606

3 beds • 2 baths • 1524 sqft

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This property looks like a bad Airbnb investment with a projected -10.9% first-year return on $114k initial cash invested.

-10.9%

Cash On Cash

3.33%

Cap Rate

0.58

DSCR

$3,209

Rent

-$1,032

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,209 income − $4,241 expenses = $1,032 out of pocket

Income$3,209Out of Pocket$1,032Mortgage P&I$2,16768%Property Taxes$37412%Insurance$1615%Management$48115%CapEx$1284%Maintenance$1284%Other$80225%

Investment Breakdown

|

Purchase Price

$456k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,100

Closing costs

1%

$4,555

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,209

Total Expenses

$4,241

Mortgage P&I

68%

$2,167

Property Taxes

12%

$374

Home Insurance

5%

$161

HOA

0%

$0

Property Management

15%

$481

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$802

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