REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

98 Elijah St, Springfield, MA 01109

4 beds • 2 baths • 1824 sqft

Email

This property looks like a bad Airbnb investment with a projected -10.09% first-year return on $92,040 initial cash invested.

-10.09%

Cash On Cash

3.51%

Cap Rate

0.58

DSCR

$2,381

Rent

-$774

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$324k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,040

Downpayment

20%

$64,800

Closing costs

1%

$3,240

Rehab

0%

$0

Furnishing

7%

$24,000

Cashflow

Total Income

$2,381

Total Expenses

$3,155

Mortgage P&I

68%

$1,628

Property Taxes

11%

$272

Home Insurance

5%

$113

HOA

0%

$0

Property Management

15%

$357

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$595

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Clean and Comfortable 4 Br Cape Near WNE Campus

$2,141

$160

4

2

2.03 mi

Chic & Serene 4 Bed with Wi-Fi & Parking

$3,092

$231

4

1

1.8 mi

3bedroom4beds in Springfield Ma.

$2,516

$188

3

1.5

0.21 mi

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

$3,051

$228

3

1.5

0.26 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$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

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

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis