REI Lense

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$3,256 (target)

243 Shady Brook Ln, Springfield, MA 01118

3 beds • 2 baths • 1034 sqft

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This property might be a fair Mid-Term investment with a projected 5.02% first-year return on $76,779 initial cash invested.

5.02%

Cash On Cash

8.42%

Cap Rate

1.3

DSCR

$3,256

Rent

$321

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,256 income − $2,935 expenses = $321 cash flow

Income$3,256Mortgage P&I$1,51246%Property Taxes$2187%Insurance$983%Management$39112%CapEx$1304%Vacancy$983%Maintenance$1304%Other$35811%Cash Flow$321

Investment Breakdown

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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

$3,256

Total Expenses

$2,935

Mortgage P&I

46%

$1,512

Property Taxes

7%

$218

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$391

CapEx

4%

$130

Vacancy

3%

$98

Maintenance

4%

$130

Other

11%

$358

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