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39 Groton St, Springfield, MA 01129

4 beds • 1 baths • 1240 sqft

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This property looks like a bad Airbnb investment with a projected -5.97% first-year return on $86,370 initial cash invested.

-5.97%

Cash On Cash

4.74%

Cap Rate

0.79

DSCR

$2,740

Rent

-$430

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$297k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,370

Downpayment

20%

$59,400

Closing costs

1%

$2,970

Rehab

0%

$0

Furnishing

8%

$24,000

Cashflow

Total Income

$2,740

Total Expenses

$3,170

Mortgage P&I

54%

$1,493

Property Taxes

9%

$258

Home Insurance

4%

$103

HOA

0%

$0

Property Management

15%

$411

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$685

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Cozy Haven-Clean Home-Free Parking-SuperHost!

$3,080

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4

1

0.85 mi

Clean and Comfortable 4 Br Cape Near WNE Campus

$2,969

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4

2

0.6 mi

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$2,987

$161

3

1.5

1.85 mi

Duplex 1 Home away from home.

$3,080

$166

3

1.5

1.85 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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