REI Lense

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$3,024 (target)

28 Intervale Rd, Springfield, MA 01118

3 beds • 2 baths • 1228 sqft

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This property looks like a bad Mid-Term investment with a projected -2.28% first-year return on $86,754 initial cash invested.

-2.28%

Cash On Cash

6%

Cap Rate

0.97

DSCR

$3,024

Rent

-$165

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,024 income − $3,189 expenses = $165 out of pocket

Income$3,024Out of Pocket$165Mortgage P&I$1,68056%Property Taxes$36812%Insurance$1124%Management$36312%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33311%

Investment Breakdown

|

Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,754

Downpayment

20%

$65,480

Closing costs

1%

$3,274

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,024

Total Expenses

$3,189

Mortgage P&I

56%

$1,680

Property Taxes

12%

$368

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$333

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