REI Lense

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$3,474 (target)

125 E Allen Ridge Rd, Springfield, MA 01118

3 beds • 2 baths • 2435 sqft

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This property looks like a bad Mid-Term investment with a projected -4% first-year return on $107k initial cash invested.

-4%

Cash On Cash

5.29%

Cap Rate

0.9

DSCR

$3,474

Rent

-$357

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,474 income − $3,831 expenses = $357 out of pocket

Income$3,474Out of Pocket$357Mortgage P&I$2,08760%Property Taxes$41612%Insurance$1474%Management$41712%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38211%

Investment Breakdown

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Purchase Price

$424k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,740

Closing costs

1%

$4,237

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,474

Total Expenses

$3,831

Mortgage P&I

60%

$2,087

Property Taxes

12%

$416

Home Insurance

4%

$147

HOA

0%

$0

Property Management

12%

$417

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$382

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