Zip Code 02464 — Newton, MA
🔴WEAK— appreciation play onlyCap Rate
2.6%
Monthly Cash Flow
-$3,049
Median Home Price
$970,809
DSCR
0.41
🏠 Fair Market Rents
- Studio
- $2,750/mo
- 1 Bedroom
- $2,960/mo
- 2 Bedroom
- $3,520/mo
- 3 Bedroom
- $4,260/mo
- 4 Bedroom
- $4,690/mo
📊 Investment Metrics
- Cap Rate
- 2.6%
- Cash-on-Cash Return
- -16.4%
- Price-to-Rent Ratio
- 19.0
- 1% Rule
- 0.44%
- Gross Rent Multiplier
- 19.0
- Vacancy Rate
- 8.0%
📋 Assumptions Used
20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
Customize these numbers in the calculator →