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38 Driftwood Rd, Springfield, MA 01128

3 beds • 2 baths • 1656 sqft

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This property might be a fair Mid-Term investment with a projected 0.38% first-year return on $97,401 initial cash invested.

0.38%

Cash On Cash

6.43%

Cap Rate

1.1

DSCR

$3,645

Rent

$31

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$378k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,401

Downpayment

20%

$75,620

Closing costs

1%

$3,781

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,645

Total Expenses

$3,614

Mortgage P&I

51%

$1,849

Property Taxes

11%

$395

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$437

CapEx

4%

$146

Vacancy

3%

$109

Maintenance

4%

$146

Other

11%

$401

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