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100 Belvidere St, Springfield, MA 01108

3 beds • 2 baths • 1504 sqft

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This property looks like a bad Airbnb investment with a projected -6.28% first-year return on $86,229 initial cash invested.

-6.28%

Cash On Cash

4.65%

Cap Rate

0.79

DSCR

$3,123

Rent

-$451

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,123

Total Expenses

$3,574

Mortgage P&I

51%

$1,586

Property Taxes

12%

$379

Home Insurance

4%

$110

HOA

0%

$0

Property Management

15%

$468

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$781

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Comparable Property

Rent

ADR

Beds

Baths

Distance

3 Mi to Dtwn Springfield: Winter Retreat w/ Office

$4,626

$234

3

1.5

0.38 mi

Entire 3 bedroom Apartment

$3,836

$194

3

1

0.1 mi

Upscaled Quiet Neighborhood- Modern 3 BDRM

$3,895

$197

3

1

0.36 mi

Rittenhouse

$3,460

$175

3

1

0.65 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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