REI Lense

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$3,284 (target)

25 Peer St, Springfield, MA 01109

3 beds • 2 baths • 993 sqft

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This property might be a fair Mid-Term investment with a projected 5.78% first-year return on $79,740 initial cash invested.

5.78%

Cash On Cash

8.26%

Cap Rate

1.34

DSCR

$3,284

Rent

$384

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,284 income − $2,900 expenses = $384 cash flow

Income$3,284Mortgage P&I$1,50946%Property Taxes$1725%Insurance$1033%Management$39412%CapEx$1314%Vacancy$993%Maintenance$1314%Other$36111%Cash Flow$384

Investment Breakdown

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Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,740

Downpayment

20%

$58,800

Closing costs

1%

$2,940

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,284

Total Expenses

$2,900

Mortgage P&I

46%

$1,509

Property Taxes

5%

$172

Home Insurance

3%

$103

HOA

0%

$0

Property Management

12%

$394

CapEx

4%

$131

Vacancy

3%

$99

Maintenance

4%

$131

Other

11%

$361

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