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$3,710 (target)

11 Butternut St, Springfield, MA 01128

3 beds • 2 baths • 1708 sqft

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This property might be a fair Mid-Term investment with a projected 5.49% first-year return on $86,061 initial cash invested.

5.49%

Cash On Cash

7.92%

Cap Rate

1.34

DSCR

$3,710

Rent

$394

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,710 income − $3,316 expenses = $394 cash flow

Income$3,710Mortgage P&I$1,59643%Property Taxes$3509%Insurance$1103%Management$44512%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40811%Cash Flow$394

Investment Breakdown

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Purchase Price

$324k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,061

Downpayment

20%

$64,820

Closing costs

1%

$3,241

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,710

Total Expenses

$3,316

Mortgage P&I

43%

$1,596

Property Taxes

9%

$350

Home Insurance

3%

$110

HOA

0%

$0

Property Management

12%

$445

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$408

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