REI Lense

REI Lense

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$1,278 (target)

1610 E Cairo Street, Springfield, MO 65802

3 beds • 2 baths • 1080 sqft

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This property looks like a bad Long-Term investment with a projected -1.57% first-year return on $33,579 initial cash invested.

-1.57%

Cash On Cash

6.7%

Cap Rate

1.02

DSCR

$1,278

Rent

-$44

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,278 income − $1,322 expenses = $44 out of pocket

Income$1,278Out of Pocket$44Mortgage P&I$87368%Property Taxes$605%Insurance$564%Management$12810%CapEx$645%Vacancy$776%Maintenance$645%

Investment Breakdown

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Purchase Price

$160k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,579

Downpayment

20%

$31,980

Closing costs

1%

$1,599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,278

Total Expenses

$1,322

Mortgage P&I

68%

$873

Property Taxes

5%

$60

Home Insurance

4%

$56

HOA

0%

$0

Property Management

10%

$128

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

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