REI Lense

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$3,742 (target)

50 Emerson St, Springfield, MA 01118

3 beds • 2 baths • 1505 sqft

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This property might be a fair Mid-Term investment with a projected 1.13% first-year return on $96,792 initial cash invested.

1.13%

Cash On Cash

6.68%

Cap Rate

1.13

DSCR

$3,742

Rent

$91

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,742 income − $3,651 expenses = $91 cash flow

Income$3,742Mortgage P&I$1,84849%Property Taxes$40011%Insurance$1303%Management$44912%CapEx$1504%Vacancy$1123%Maintenance$1504%Other$41211%Cash Flow$91

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,792

Downpayment

20%

$75,040

Closing costs

1%

$3,752

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,742

Total Expenses

$3,651

Mortgage P&I

49%

$1,848

Property Taxes

11%

$400

Home Insurance

3%

$130

HOA

0%

$0

Property Management

12%

$449

CapEx

4%

$150

Vacancy

3%

$112

Maintenance

4%

$150

Other

11%

$412

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