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2644 N Prospect Avenue, Springfield, MO 65803

3 beds • 3 baths • 800 sqft

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This property looks like a bad Long-Term investment with a projected -6.11% first-year return on $52,479 initial cash invested.

-6.11%

Cash On Cash

5.44%

Cap Rate

0.86

DSCR

$1,730

Rent

-$267

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,730

Total Expenses

$1,997

Mortgage P&I

76%

$1,313

Property Taxes

9%

$147

Home Insurance

5%

$88

HOA

0%

$0

Property Management

10%

$173

CapEx

5%

$86

Vacancy

6%

$104

Maintenance

5%

$86

Other

0%

$0

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