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2317 W 23rd St, Joplin, MO 64804

3 beds • 2 baths • 1288 sqft

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This property looks like a bad Long-Term investment with a projected -3.83% first-year return on $45,129 initial cash invested.

-3.83%

Cash On Cash

5.53%

Cap Rate

0.93

DSCR

$1,450

Rent

-$144

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,129

Downpayment

20%

$42,980

Closing costs

1%

$2,149

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,450

Total Expenses

$1,594

Mortgage P&I

73%

$1,062

Property Taxes

6%

$81

Home Insurance

5%

$75

HOA

0%

$0

Property Management

10%

$145

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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Comparable Property

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SQFT

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$2,850

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