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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 Airbnb investment with a projected -9.54% first-year return on $80,895 initial cash invested.

-9.54%

Cash On Cash

3.66%

Cap Rate

0.63

DSCR

$2,386

Rent

-$643

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

$80,895

Downpayment

20%

$59,900

Closing costs

1%

$2,995

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,386

Total Expenses

$3,029

Mortgage P&I

61%

$1,462

Property Taxes

13%

$318

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$358

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$596

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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$2,573

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0.8 mi

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$2,039

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1

1.64 mi

No Cleaning Fee! 3BR, 4 Bds, 1.5 Bath + Pool Table

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3

1.5

0.07 mi

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$2,587

$189

3

1.5

0.12 mi

104 W Rancho Del Cerro

$2,500

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4

2

1.3 mi

1255 S Forest Knoll St

$1,100

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2

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0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

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$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

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0.6 mi

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