REI Lense

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$3,198 (target)

235 Chalmers St, Springfield, MA 01118

3 beds • 2 baths • 1378 sqft

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This property might be a fair Mid-Term investment with a projected 0.19% first-year return on $87,405 initial cash invested.

0.19%

Cash On Cash

6.64%

Cap Rate

1.08

DSCR

$3,198

Rent

$14

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,198 income − $3,184 expenses = $14 cash flow

Income$3,198Mortgage P&I$1,68753%Property Taxes$2939%Insurance$1164%Management$38412%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35211%Cash Flow$14

Investment Breakdown

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Purchase Price

$331k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,405

Downpayment

20%

$66,100

Closing costs

1%

$3,305

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,198

Total Expenses

$3,184

Mortgage P&I

53%

$1,687

Property Taxes

9%

$293

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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