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770 Salisbury St APT 335, Worcester, MA 01609

2 beds • 2 baths • 1500 sqft

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This property looks like a bad Mid-Term investment with a projected -6.35% first-year return on $96,546 initial cash invested.

-6.35%

Cash On Cash

4.71%

Cap Rate

0.81

DSCR

$3,798

Rent

-$511

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$403k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,546

Downpayment

20%

$80,520

Closing costs

1%

$4,026

Rehab

0%

$0

Furnishing

3%

$12,000

Cashflow

Total Income

$3,798

Total Expenses

$4,309

Mortgage P&I

51%

$1,938

Property Taxes

11%

$409

Home Insurance

4%

$141

HOA

14%

$529

Property Management

12%

$456

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$418

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