REI Lense

REI Lense

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$1,593 (target)

2301 S Florida Ave, Joplin, MO 64804

3 beds • 2 baths • 2125 sqft

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This property looks like a bad Long-Term investment with a projected -4.66% first-year return on $44,310 initial cash invested.

-4.66%

Cash On Cash

6.16%

Cap Rate

0.92

DSCR

$1,593

Rent

-$172

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,593 income − $1,765 expenses = $172 out of pocket

Income$1,593Out of Pocket$172Mortgage P&I$1,17574%Property Taxes$1016%Insurance$745%Management$15910%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

|

Purchase Price

$211k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,310

Downpayment

20%

$42,200

Closing costs

1%

$2,110

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,593

Total Expenses

$1,765

Mortgage P&I

74%

$1,175

Property Taxes

6%

$101

Home Insurance

5%

$74

HOA

0%

$0

Property Management

10%

$159

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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