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$2,998 (target)

2905 Southern Hills Dr, Joplin, MO 64804

3 beds • 3 baths • 2636 sqft

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This property might be a fair Mid-Term investment with a projected 0.63% first-year return on $84,297 initial cash invested.

0.63%

Cash On Cash

7.24%

Cap Rate

1.09

DSCR

$2,998

Rent

$44

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,998 income − $2,954 expenses = $44 cash flow

Income$2,998Mortgage P&I$1,74158%Property Taxes$813%Insurance$1124%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%Cash Flow$44

Investment Breakdown

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Purchase Price

$316k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,297

Downpayment

20%

$63,140

Closing costs

1%

$3,157

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,998

Total Expenses

$2,954

Mortgage P&I

58%

$1,741

Property Taxes

3%

$81

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

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