REI Lense

REI Lense

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$1,813 (target)

116 Morgan Dr, Joplin, MO 64801

3 beds • 2 baths • 1932 sqft

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This property looks like a bad Long-Term investment with a projected -5.36% first-year return on $59,997 initial cash invested.

-5.36%

Cash On Cash

5.49%

Cap Rate

0.88

DSCR

$1,813

Rent

-$268

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,813 income − $2,081 expenses = $268 out of pocket

Income$1,813Out of Pocket$268Mortgage P&I$1,48482%Property Taxes$221%Insurance$1036%Management$18110%CapEx$915%Vacancy$1096%Maintenance$915%

Investment Breakdown

|

Purchase Price

$286k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,997

Downpayment

20%

$57,140

Closing costs

1%

$2,857

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,813

Total Expenses

$2,081

Mortgage P&I

82%

$1,484

Property Taxes

1%

$22

Home Insurance

6%

$103

HOA

0%

$0

Property Management

10%

$181

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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