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2524 S Forrest Heights Avenue, Springfield, MO 65809
3 beds • 2 baths • 1984 sqft
$379,900
View on ZillowThis property looks like a bad Long-Term investment with a projected -11.25% first-year return on $79,779 initial cash invested.
-11.25%
Cash On Cash
4.2%
Cap Rate
0.67
DSCR
$2,118
Rent
-$748
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,118 income − $2,866 expenses = $748 out of pocket
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,779
Downpayment
20%
$75,980
Closing costs
1%
$3,799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,118
Total Expenses
$2,866
Mortgage P&I
93%
$1,973
Property Taxes
9%
$186
Home Insurance
6%
$133
HOA
1%
$23
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0