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15 Kingoke Ln, Springfield, MA 01129

2 beds • 1 baths • 942 sqft

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This property looks like a bad Airbnb investment with a projected -13.54% first-year return on $66,579 initial cash invested.

-13.54%

Cash On Cash

2.71%

Cap Rate

0.46

DSCR

$1,787

Rent

-$751

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

5%

$12,000

Cashflow

Total Income

$1,787

Total Expenses

$2,538

Mortgage P&I

71%

$1,268

Property Taxes

18%

$322

Home Insurance

5%

$91

HOA

0%

$0

Property Management

15%

$268

CapEx

4%

$71

Vacancy

0%

$0

Maintenance

4%

$71

Other

25%

$447

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