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2524 S Kickapoo Avenue, Springfield, MO 65804

2 beds • 2 baths • 1464 sqft

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This property looks like a bad Airbnb investment with a projected -0.8% first-year return on $58,179 initial cash invested.

-0.8%

Cash On Cash

6.64%

Cap Rate

1.05

DSCR

$2,485

Rent

-$39

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$220k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,179

Downpayment

20%

$43,980

Closing costs

1%

$2,199

Rehab

0%

$0

Furnishing

5%

$12,000

Cashflow

Total Income

$2,485

Total Expenses

$2,524

Mortgage P&I

47%

$1,156

Property Taxes

4%

$99

Home Insurance

3%

$77

HOA

0%

$0

Property Management

15%

$373

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$621

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Creamer Cottage | Entire House in Central Location

$2,752

$116

2

1.5

0.68 mi

Cozy New Build centrally located by Mercy Hospital

$2,989

$126

2

2

0.56 mi

Spacious, beautiful home close to Mercy and MSU

$2,515

$106

2

2

0.62 mi

Cozy Cottage with a Modern Flair

$2,728

$115

2

1

0.5 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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