REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,608 (target)

137 Belvidere St, Springfield, MA 01108

3 beds • 2 baths • 1710 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.26% first-year return on $86,061 initial cash invested.

3.26%

Cash On Cash

7.53%

Cap Rate

1.23

DSCR

$3,608

Rent

$234

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,608 income − $3,374 expenses = $234 cash flow

Income$3,608Mortgage P&I$1,65746%Property Taxes$38011%Insurance$1113%Management$43312%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39711%Cash Flow$234

Investment Breakdown

|

Purchase Price

$324k

Downpayment

20.0%

Interest Rate

6.6%

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

$3,608

Total Expenses

$3,374

Mortgage P&I

46%

$1,657

Property Taxes

11%

$380

Home Insurance

3%

$111

HOA

0%

$0

Property Management

12%

$433

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$397

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis