REI Lense

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$1,977 (target)

2623 E Cragmont Street, Springfield, MO 65804

3 beds • 2 baths • 1067 sqft

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This property might be a fair Mid-Term investment with a projected 2.08% first-year return on $58,383 initial cash invested.

2.08%

Cash On Cash

7.67%

Cap Rate

1.17

DSCR

$1,977

Rent

$101

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

$58,383

Downpayment

20%

$38,460

Closing costs

1%

$1,923

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,977

Total Expenses

$1,876

Mortgage P&I

53%

$1,049

Property Taxes

4%

$86

Home Insurance

4%

$70

HOA

0%

$0

Property Management

12%

$237

CapEx

4%

$79

Vacancy

3%

$59

Maintenance

4%

$79

Other

11%

$217

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