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$3,758 (target)

119 Massreco St, Springfield, MA 01109

3 beds • 2 baths • 1794 sqft

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This property might be a fair Mid-Term investment with a projected 5.92% first-year return on $84,717 initial cash invested.

5.92%

Cash On Cash

8.2%

Cap Rate

1.35

DSCR

$3,758

Rent

$418

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,758 income − $3,340 expenses = $418 cash flow

Income$3,758Mortgage P&I$1,60243%Property Taxes$3539%Insurance$1083%Management$45112%CapEx$1504%Vacancy$1133%Maintenance$1504%Other$41311%Cash Flow$418

Investment Breakdown

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Purchase Price

$318k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,717

Downpayment

20%

$63,540

Closing costs

1%

$3,177

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,758

Total Expenses

$3,340

Mortgage P&I

43%

$1,602

Property Taxes

9%

$353

Home Insurance

3%

$108

HOA

0%

$0

Property Management

12%

$451

CapEx

4%

$150

Vacancy

3%

$113

Maintenance

4%

$150

Other

11%

$413

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