REI Lense

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$5,214 (target)

1414 N Benton Avenue, Springfield, MO 65802

3 beds • 3 baths • 4168 sqft

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This property looks like a bad Mid-Term investment with a projected -5.18% first-year return on $170k initial cash invested.

-5.18%

Cash On Cash

5.19%

Cap Rate

0.86

DSCR

$5,214

Rent

-$735

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,214 income − $5,949 expenses = $735 out of pocket

Income$5,214Out of Pocket$735Mortgage P&I$3,66170%Property Taxes$2605%Insurance$2545%Management$62612%CapEx$2094%Vacancy$1563%Maintenance$2094%Other$57411%

Investment Breakdown

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Purchase Price

$725k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$170k

Downpayment

20%

$145k

Closing costs

1%

$7,250

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,214

Total Expenses

$5,949

Mortgage P&I

70%

$3,661

Property Taxes

5%

$260

Home Insurance

5%

$254

HOA

0%

$0

Property Management

12%

$626

CapEx

4%

$209

Vacancy

3%

$156

Maintenance

4%

$209

Other

11%

$574

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