REI Lense

REI Lense

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$1,263 (target)

2408 New Hampshire Ave, Joplin, MO 64804

3 beds • 2 baths • 1121 sqft

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This property looks like a bad Long-Term investment with a projected -3.19% first-year return on $35,763 initial cash invested.

-3.19%

Cash On Cash

6.32%

Cap Rate

0.97

DSCR

$1,263

Rent

-$95

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,263 income − $1,358 expenses = $95 out of pocket

Income$1,263Out of Pocket$95Mortgage P&I$92974%Property Taxes$403%Insurance$615%Management$12610%CapEx$635%Vacancy$766%Maintenance$635%

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,763

Downpayment

20%

$34,060

Closing costs

1%

$1,703

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,263

Total Expenses

$1,358

Mortgage P&I

74%

$929

Property Taxes

3%

$40

Home Insurance

5%

$61

HOA

0%

$0

Property Management

10%

$126

CapEx

5%

$63

Vacancy

6%

$76

Maintenance

5%

$63

Other

0%

$0

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