REI Lense

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$2,288 (target)

127 N 8th St, Festus, MO 63028

3 beds • 2 baths • 1072 sqft

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This property might be a fair Mid-Term investment with a projected 4.44% first-year return on $61,134 initial cash invested.

4.44%

Cash On Cash

8.4%

Cap Rate

1.28

DSCR

$2,288

Rent

$226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,288 income − $2,062 expenses = $226 cash flow

Income$2,288Mortgage P&I$1,11949%Property Taxes$904%Insurance$733%Management$27512%CapEx$924%Vacancy$693%Maintenance$924%Other$25211%Cash Flow$226

Investment Breakdown

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Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,134

Downpayment

20%

$41,080

Closing costs

1%

$2,054

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,288

Total Expenses

$2,062

Mortgage P&I

49%

$1,119

Property Taxes

4%

$90

Home Insurance

3%

$73

HOA

0%

$0

Property Management

12%

$275

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$252

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