REI Lense

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$1,944 (target)

2711 E 12th St, Joplin, MO 64801

3 beds • 2 baths • 1368 sqft

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This property might be a fair Mid-Term investment with a projected 4.14% first-year return on $56,220 initial cash invested.

4.14%

Cash On Cash

8.26%

Cap Rate

1.28

DSCR

$1,944

Rent

$194

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,944 income − $1,750 expenses = $194 cash flow

Income$1,944Mortgage P&I$98150%Property Taxes$442%Insurance$643%Management$23312%CapEx$784%Vacancy$583%Maintenance$784%Other$21411%Cash Flow$194

Investment Breakdown

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Purchase Price

$182k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,220

Downpayment

20%

$36,400

Closing costs

1%

$1,820

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,944

Total Expenses

$1,750

Mortgage P&I

50%

$981

Property Taxes

2%

$44

Home Insurance

3%

$64

HOA

0%

$0

Property Management

12%

$233

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$214

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