REI Lense

REI Lense

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$1,808 (target)

1895 S Forrest Heights Avenue, Springfield, MO 65809

3 beds • 2 baths • 1864 sqft

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This property looks like a bad Long-Term investment with a projected -11.33% first-year return on $67,914 initial cash invested.

-11.33%

Cash On Cash

4.04%

Cap Rate

0.66

DSCR

$1,808

Rent

-$641

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$323k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,914

Downpayment

20%

$64,680

Closing costs

1%

$3,234

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,808

Total Expenses

$2,449

Mortgage P&I

91%

$1,639

Property Taxes

11%

$197

Home Insurance

6%

$117

HOA

1%

$27

Property Management

10%

$181

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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