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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 -23.76% first-year return on $142k initial cash invested.

-23.76%

Cash On Cash

0.36%

Cap Rate

0.06

DSCR

$2,190

Rent

-$2,820

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,190 income − $5,010 expenses = $2,820 out of pocket

Income$2,190Out of Pocket$2,820Mortgage P&I$2,912133%Property Taxes$82638%Insurance$21010%HOA$10Management$32815%CapEx$884%Maintenance$884%Other$54825%

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

$2,190

Total Expenses

$5,010

Mortgage P&I

133%

$2,912

Property Taxes

38%

$826

Home Insurance

10%

$210

HOA

0%

$10

Property Management

15%

$328

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$548

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