REI Lense

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3391 N Wright Wood Avenue, Springfield, MO 65803

3 beds • 3 baths • 2610 sqft

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This property looks like a bad Airbnb investment with a projected -2.37% first-year return on $96,750 initial cash invested.

-2.37%

Cash On Cash

5.78%

Cap Rate

0.98

DSCR

$3,941

Rent

-$191

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,941

Total Expenses

$4,132

Mortgage P&I

47%

$1,840

Property Taxes

6%

$252

Home Insurance

3%

$131

HOA

0%

$17

Property Management

15%

$591

CapEx

4%

$158

Vacancy

0%

$0

Maintenance

4%

$158

Other

25%

$985

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