REI Lense

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$2,841 (target)

2310 S Laurel Avenue, Springfield, MO 65807

3 beds • 2 baths • 1803 sqft

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This property looks like a bad Mid-Term investment with a projected -0.74% first-year return on $86,250 initial cash invested.

-0.74%

Cash On Cash

6.31%

Cap Rate

1.04

DSCR

$2,841

Rent

-$53

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,841 income − $2,894 expenses = $53 out of pocket

Income$2,841Out of Pocket$53Mortgage P&I$1,64758%Property Taxes$1666%Insurance$1144%Management$34112%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,841

Total Expenses

$2,894

Mortgage P&I

58%

$1,647

Property Taxes

6%

$166

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$341

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

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