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38 Evergreen Dr, East Longmeadow, MA 01028

3 beds • 3 baths • 2458 sqft

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This property looks like a bad Airbnb investment with a projected -22.69% first-year return on $142k initial cash invested.

-22.69%

Cash On Cash

0.64%

Cap Rate

0.11

DSCR

$2,429

Rent

-$2,694

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,429 income − $5,123 expenses = $2,694 out of pocket

Income$2,429Out of Pocket$2,694Mortgage P&I$2,912120%Property Taxes$82634%Insurance$2109%HOA$10Management$36415%CapEx$974%Maintenance$974%Other$60725%

Investment Breakdown

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Purchase Price

$593k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$119k

Closing costs

1%

$5,926

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,429

Total Expenses

$5,123

Mortgage P&I

120%

$2,912

Property Taxes

34%

$826

Home Insurance

9%

$210

HOA

0%

$10

Property Management

15%

$364

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$607

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