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2117 Park Pl, Joplin, MO 64804

3 beds • 2 baths • 1306 sqft

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This property looks like a bad Airbnb investment with a projected -3.69% first-year return on $66,279 initial cash invested.

-3.69%

Cash On Cash

5.71%

Cap Rate

0.91

DSCR

$2,243

Rent

-$204

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,279

Downpayment

20%

$45,980

Closing costs

1%

$2,299

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,243

Total Expenses

$2,447

Mortgage P&I

54%

$1,208

Property Taxes

4%

$82

Home Insurance

4%

$80

HOA

0%

$0

Property Management

15%

$336

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$561

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