REI Lense

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$1,999 (target)

2905 Southern Hills Dr, Joplin, MO 64804

3 beds • 3 baths • 2636 sqft

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This property looks like a bad Long-Term investment with a projected -8.24% first-year return on $66,297 initial cash invested.

-8.24%

Cash On Cash

5.27%

Cap Rate

0.8

DSCR

$1,999

Rent

-$455

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,999 income − $2,454 expenses = $455 out of pocket

Income$1,999Out of Pocket$455Mortgage P&I$1,74187%Property Taxes$814%Insurance$1126%Management$20010%CapEx$1005%Vacancy$1206%Maintenance$1005%

Investment Breakdown

|

Purchase Price

$316k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,297

Downpayment

20%

$63,140

Closing costs

1%

$3,157

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,999

Total Expenses

$2,454

Mortgage P&I

87%

$1,741

Property Taxes

4%

$81

Home Insurance

6%

$112

HOA

0%

$0

Property Management

10%

$200

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

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