Wellesley, MA — Rental Investment Analysis
🔴POOR— negative cash flow likelyCap Rate
0.6%
Below average
Monthly Cash Flow
-$9,820
After all expenses
Price-to-Rent
35.5
Overpriced for rent
DSCR
0.10
Fails
📊 Key Metrics
- Median Home Price
- $2,038,872
- Average Rent (3BR)
- $4,780/mo
- Price-to-Rent Ratio
- 35.5(high)
- 1% Rule
- 0.24%(fails — need 1%+)
- Cash-on-Cash Return
- -25.1%
- Vacancy Rate
- 8.0%
📈 Market Strength
- Unemployment Rate
- 4.7%(+0.4% vs national)
- Rent Growth (YoY)
- +2.9%(national avg)
- Population Growth
- +0.6000000000000001% YoY
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →Property Tax Rate
1.15%
of assessed value (MA avg)
Median Income
$89,026
household (MA avg)
Rent-to-Income
64.4%
Stretched
Section 8 Max Rent
$4,780/mo
3BR voucher payment
🏛️ MA Investor Climate
Landlord Friendly
4/10
State Income Tax
Has state tax
Property Tax
1.15% effective
Population Trend
+0.6000000000000001% (3yr)