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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 Long-Term investment with a projected -3.32% first-year return on $68,229 initial cash invested.

-3.32%

Cash On Cash

5.63%

Cap Rate

0.96

DSCR

$2,550

Rent

-$189

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

$68,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,550

Total Expenses

$2,739

Mortgage P&I

62%

$1,586

Property Taxes

15%

$379

Home Insurance

4%

$110

HOA

0%

$0

Property Management

10%

$255

CapEx

5%

$128

Vacancy

6%

$153

Maintenance

5%

$128

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

6 Bennington St, Springfield, MA 01108

$2,650

3

2

1386

0.5 mi

329 Abbott St, Springfield, MA 01118

$2,800

3

2

1626

1.5 mi

53 Appleton St, Springfield, MA 01108

$2,500

3

1.5

1626

0.4 mi

556 Converse St, Longmeadow, MA 01106

$2,950

3

2

1750

1.2 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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