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$3,934 (target)

290 Morton St, West Springfield, MA 01089

3 beds • 2 baths • 1230 sqft

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This property might be a fair Mid-Term investment with a projected 2.97% first-year return on $89,442 initial cash invested.

2.97%

Cash On Cash

8.09%

Cap Rate

1.2

DSCR

$3,934

Rent

$221

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,934 income − $3,713 expenses = $221 cash flow

Income$3,934Mortgage P&I$1,91649%Property Taxes$3439%Insurance$1173%Management$47212%CapEx$1574%Vacancy$1183%Maintenance$1574%Other$43311%Cash Flow$221

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,442

Downpayment

20%

$68,040

Closing costs

1%

$3,402

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,934

Total Expenses

$3,713

Mortgage P&I

49%

$1,916

Property Taxes

9%

$343

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$472

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$433

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