REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,024 (target)

2311 E Raynell Street, Springfield, MO 65804

3 beds • 3 baths • 3421 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.6% first-year return on $80,850 initial cash invested.

-10.6%

Cash On Cash

4.16%

Cap Rate

0.69

DSCR

$2,024

Rent

-$714

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,024 income − $2,738 expenses = $714 out of pocket

Income$2,024Out of Pocket$714Mortgage P&I$1,94996%Property Taxes$1296%Insurance$1357%Management$20210%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,850

Downpayment

20%

$77,000

Closing costs

1%

$3,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,024

Total Expenses

$2,738

Mortgage P&I

96%

$1,949

Property Taxes

6%

$129

Home Insurance

7%

$135

HOA

0%

$0

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis