REI Lense

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$1,750 (target)

2521 S McKinley Ave, Joplin, MO 64804

3 beds • 2 baths • 1744 sqft

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This property looks like a bad Long-Term investment with a projected -7.53% first-year return on $60,417 initial cash invested.

-7.53%

Cash On Cash

4.78%

Cap Rate

0.8

DSCR

$1,750

Rent

-$379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,750 income − $2,129 expenses = $379 out of pocket

Income$1,750Out of Pocket$379Mortgage P&I$1,43882%Property Taxes$1338%Insurance$1026%Management$17510%CapEx$885%Vacancy$1056%Maintenance$885%

Investment Breakdown

|

Purchase Price

$288k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,417

Downpayment

20%

$57,540

Closing costs

1%

$2,877

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,750

Total Expenses

$2,129

Mortgage P&I

82%

$1,438

Property Taxes

8%

$133

Home Insurance

6%

$102

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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