REI Lense

REI Lense

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$1,318 (target)

2623 E Cragmont Street, Springfield, MO 65804

3 beds • 2 baths • 1067 sqft

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This property looks like a bad Long-Term investment with a projected -6.83% first-year return on $40,383 initial cash invested.

-6.83%

Cash On Cash

5.52%

Cap Rate

0.84

DSCR

$1,318

Rent

-$230

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$192k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,383

Downpayment

20%

$38,460

Closing costs

1%

$1,923

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,318

Total Expenses

$1,548

Mortgage P&I

80%

$1,049

Property Taxes

7%

$86

Home Insurance

5%

$70

HOA

0%

$0

Property Management

10%

$132

CapEx

5%

$66

Vacancy

6%

$79

Maintenance

5%

$66

Other

0%

$0

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