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$3,657 (target)

214 Forest Hills Rd, Springfield, MA 01128

3 beds • 2 baths • 1176 sqft

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This property might be a fair Mid-Term investment with a projected 3.83% first-year return on $86,250 initial cash invested.

3.83%

Cash On Cash

7.6%

Cap Rate

1.26

DSCR

$3,657

Rent

$275

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,657 income − $3,382 expenses = $275 cash flow

Income$3,657Mortgage P&I$1,63745%Property Taxes$38811%Insurance$1143%Management$43912%CapEx$1464%Vacancy$1103%Maintenance$1464%Other$40211%Cash Flow$275

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,657

Total Expenses

$3,382

Mortgage P&I

45%

$1,637

Property Taxes

11%

$388

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$439

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$402

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