REI Lense

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$3,496 (target)

9 Texel Dr, Springfield, MA 01108

3 beds • 2 baths • 1886 sqft

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This property looks like a bad Mid-Term investment with a projected -0.81% first-year return on $96,015 initial cash invested.

-0.81%

Cash On Cash

6.3%

Cap Rate

1.04

DSCR

$3,496

Rent

-$65

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,496 income − $3,561 expenses = $65 out of pocket

Income$3,496Out of Pocket$65Mortgage P&I$1,87554%Property Taxes$36811%Insurance$1284%Management$42012%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38511%

Investment Breakdown

|

Purchase Price

$372k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,015

Downpayment

20%

$74,300

Closing costs

1%

$3,715

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,496

Total Expenses

$3,561

Mortgage P&I

54%

$1,875

Property Taxes

11%

$368

Home Insurance

4%

$128

HOA

0%

$0

Property Management

12%

$420

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$385

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