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$1,704 (target)

3001 Wisconsin Ave, Joplin, MO 64804

3 beds • 2 baths • 3021 sqft

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This property looks like a bad Mid-Term investment with a projected -12.97% first-year return on $101k initial cash invested.

-12.97%

Cash On Cash

2.89%

Cap Rate

0.48

DSCR

$1,704

Rent

-$1,091

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,704 income − $2,795 expenses = $1,091 out of pocket

Income$1,704Out of Pocket$1,091Mortgage P&I$1,975116%Property Taxes$1046%Insurance$1388%Management$20412%CapEx$684%Vacancy$513%Maintenance$684%Other$18711%

Investment Breakdown

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Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,000

Closing costs

1%

$3,950

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,704

Total Expenses

$2,795

Mortgage P&I

116%

$1,975

Property Taxes

6%

$104

Home Insurance

8%

$138

HOA

0%

$0

Property Management

12%

$204

CapEx

4%

$68

Vacancy

3%

$51

Maintenance

4%

$68

Other

11%

$187

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