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78 Briarwood Ave, Springfield, MA 01118

3 beds • 2 baths • 1534 sqft

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This property looks like a bad Airbnb investment with a projected -10.19% first-year return on $89,379 initial cash invested.

-10.19%

Cash On Cash

3.68%

Cap Rate

0.62

DSCR

$2,775

Rent

-$759

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,775 income − $3,534 expenses = $759 out of pocket

Income$2,775Out of Pocket$759Mortgage P&I$1,68961%Property Taxes$39414%Insurance$1194%Management$41615%CapEx$1114%Maintenance$1114%Other$69425%

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,379

Downpayment

20%

$67,980

Closing costs

1%

$3,399

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,775

Total Expenses

$3,534

Mortgage P&I

61%

$1,689

Property Taxes

14%

$394

Home Insurance

4%

$119

HOA

0%

$0

Property Management

15%

$416

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$694

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