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1657 Carew St, Springfield, MA 01104

3 beds • 2 baths • 1205 sqft

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This property looks like a bad Airbnb investment with a projected -7.86% first-year return on $85,179 initial cash invested.

-7.86%

Cash On Cash

4.07%

Cap Rate

0.71

DSCR

$2,654

Rent

-$558

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,179

Downpayment

20%

$63,980

Closing costs

1%

$3,199

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,654

Total Expenses

$3,212

Mortgage P&I

58%

$1,538

Property Taxes

11%

$288

Home Insurance

4%

$112

HOA

0%

$0

Property Management

15%

$398

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$664

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