REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,169 (target)

49 Corona St, Springfield, MA 01104

3 beds • 2 baths • 1290 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.05% first-year return on $71,379 initial cash invested.

-8.05%

Cash On Cash

4.76%

Cap Rate

0.78

DSCR

$2,169

Rent

-$479

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,169 income − $2,648 expenses = $479 out of pocket

Income$2,169Out of Pocket$479Mortgage P&I$1,72079%Property Taxes$24611%Insurance$1195%Management$21710%CapEx$1085%Vacancy$1306%Maintenance$1085%

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,379

Downpayment

20%

$67,980

Closing costs

1%

$3,399

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,169

Total Expenses

$2,648

Mortgage P&I

79%

$1,720

Property Taxes

11%

$246

Home Insurance

5%

$119

HOA

0%

$0

Property Management

10%

$217

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis