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285 Breckwood Blvd, Springfield, MA 01109

4 beds • 2 baths • 1440 sqft

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This property looks like a bad Airbnb investment with a projected -11.9% first-year return on $100k initial cash invested.

-11.9%

Cash On Cash

2.89%

Cap Rate

0.49

DSCR

$2,414

Rent

-$996

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$72,820

Closing costs

1%

$3,641

Rehab

0%

$0

Furnishing

7%

$24,000

Cashflow

Total Income

$2,414

Total Expenses

$3,410

Mortgage P&I

74%

$1,777

Property Taxes

14%

$347

Home Insurance

5%

$126

HOA

0%

$0

Property Management

15%

$362

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$604

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Clean and Comfortable 4 Br Cape Near WNE Campus

$2,267

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4

2

1.21 mi

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$3,134

$224

4

1

2.07 mi

3bedroom4beds in Springfield Ma.

$2,644

$189

3

1.5

0.96 mi

No Cleaning Fee! 3BR, 4 Bds, 1.5 Bath + Pool Table

$3,204

$229

3

1.5

1.02 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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