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78 W Bay Path Ter, Springfield, MA 01109

3 beds • 1 baths • 1075 sqft

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This property looks like a bad Long-Term investment with a projected -4.62% first-year return on $62,895 initial cash invested.

-4.62%

Cash On Cash

5.33%

Cap Rate

0.91

DSCR

$2,220

Rent

-$242

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,895

Downpayment

20%

$59,900

Closing costs

1%

$2,995

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,220

Total Expenses

$2,462

Mortgage P&I

66%

$1,462

Property Taxes

14%

$318

Home Insurance

5%

$105

HOA

0%

$0

Property Management

10%

$222

CapEx

5%

$111

Vacancy

6%

$133

Maintenance

5%

$111

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

25 Gladstone St, Springfield, MA 01109

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3

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3

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3

1

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2.2 mi

104 W Rancho Del Cerro

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4

2

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

2022 S American St

$2,850

5

4

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0.6 mi

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2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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