REI Lense

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$3,229 (target)

38 Evergreen Dr, East Longmeadow, MA 01028

3 beds • 3 baths • 2458 sqft

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This property looks like a bad Long-Term investment with a projected -15.12% first-year return on $124k initial cash invested.

-15.12%

Cash On Cash

3.05%

Cap Rate

0.52

DSCR

$3,229

Rent

-$1,568

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,229 income − $4,797 expenses = $1,568 out of pocket

Income$3,229Out of Pocket$1,568Mortgage P&I$2,91290%Property Taxes$82626%Insurance$2107%HOA$10Management$32310%CapEx$1615%Vacancy$1946%Maintenance$1615%

Investment Breakdown

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Purchase Price

$593k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$119k

Closing costs

1%

$5,926

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,229

Total Expenses

$4,797

Mortgage P&I

90%

$2,912

Property Taxes

26%

$826

Home Insurance

7%

$210

HOA

0%

$10

Property Management

10%

$323

CapEx

5%

$161

Vacancy

6%

$194

Maintenance

5%

$161

Other

0%

$0

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