REI Lense

REI Lense

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$1,027 (target)

2102 Lambe Avenue, West Plains, MO 65775

3 beds • 2 baths • 1971 sqft

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This property looks like a bad Long-Term investment with a projected -16.01% first-year return on $47,229 initial cash invested.

-16.01%

Cash On Cash

3.46%

Cap Rate

0.53

DSCR

$1,027

Rent

-$630

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,027 income − $1,657 expenses = $630 out of pocket

Income$1,027Out of Pocket$630Mortgage P&I$1,227119%Property Taxes$848%Insurance$798%Management$10310%CapEx$515%Vacancy$626%Maintenance$515%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,027

Total Expenses

$1,657

Mortgage P&I

119%

$1,227

Property Taxes

8%

$84

Home Insurance

8%

$79

HOA

0%

$0

Property Management

10%

$103

CapEx

5%

$51

Vacancy

6%

$62

Maintenance

5%

$51

Other

0%

$0

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