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243 Shady Brook Ln, Springfield, MA 01118

3 beds • 2 baths • 1034 sqft

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This property looks like a bad Airbnb investment with a projected -2.92% first-year return on $76,779 initial cash invested.

-2.92%

Cash On Cash

6.22%

Cap Rate

0.96

DSCR

$3,155

Rent

-$187

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,155 income − $3,342 expenses = $187 out of pocket

Income$3,155Out of Pocket$187Mortgage P&I$1,51248%Property Taxes$2187%Insurance$983%Management$47315%CapEx$1264%Maintenance$1264%Other$78925%

Investment Breakdown

|

Purchase Price

$280k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,779

Downpayment

20%

$55,980

Closing costs

1%

$2,799

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,155

Total Expenses

$3,342

Mortgage P&I

48%

$1,512

Property Taxes

7%

$218

Home Insurance

3%

$98

HOA

0%

$0

Property Management

15%

$473

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$789

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