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$2,062 (target)

2233 S Roanoke Avenue, Springfield, MO 65807

3 beds • 2 baths • 1190 sqft

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This property looks like a bad Mid-Term investment with a projected -1.59% first-year return on $65,628 initial cash invested.

-1.59%

Cash On Cash

6.52%

Cap Rate

1

DSCR

$2,062

Rent

-$87

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,062 income − $2,149 expenses = $87 out of pocket

Income$2,062Out of Pocket$87Mortgage P&I$1,23860%Property Taxes$1306%Insurance$814%Management$24712%CapEx$824%Vacancy$623%Maintenance$824%Other$22711%

Investment Breakdown

|

Purchase Price

$227k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,628

Downpayment

20%

$45,360

Closing costs

1%

$2,268

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,062

Total Expenses

$2,149

Mortgage P&I

60%

$1,238

Property Taxes

6%

$130

Home Insurance

4%

$81

HOA

0%

$0

Property Management

12%

$247

CapEx

4%

$82

Vacancy

3%

$62

Maintenance

4%

$82

Other

11%

$227

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