REI Lense

REI Lense

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$3,708 (target)

33 Druid Hill Rd, Springfield, MA 01129

3 beds • 2 baths • 1804 sqft

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This property might be a fair Mid-Term investment with a projected 0.89% first-year return on $94,608 initial cash invested.

0.89%

Cash On Cash

6.59%

Cap Rate

1.12

DSCR

$3,708

Rent

$70

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,608

Downpayment

20%

$72,960

Closing costs

1%

$3,648

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,708

Total Expenses

$3,638

Mortgage P&I

48%

$1,785

Property Taxes

13%

$467

Home Insurance

3%

$126

HOA

0%

$0

Property Management

12%

$445

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$408

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