Zip Code 01821Billerica, MA

🔴WEAKappreciation play only

Cap Rate

2.4%

Monthly Cash Flow

-$2,355

Median Home Price

$705,962

DSCR

0.37

🏠 Fair Market Rents

Studio
$1,830/mo
1 Bedroom
$1,980/mo
2 Bedroom
$2,420/mo
3 Bedroom
$2,930/mo
4 Bedroom
$3,220/mo

📊 Investment Metrics

Cap Rate
2.4%
Cash-on-Cash Return
-17.4%
Price-to-Rent Ratio
20.1
1% Rule
0.42%
Gross Rent Multiplier
20.1
Vacancy Rate
8.0%

📋 Assumptions Used

20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

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