REI Lense

REI Lense

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$3,368 (target)

373 Sorrento Dr, Ballwin, MO 63021

3 beds • 2 baths • 2146 sqft

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This property looks like a bad Mid-Term investment with a projected -0.89% first-year return on $96,750 initial cash invested.

-0.89%

Cash On Cash

6.23%

Cap Rate

1.03

DSCR

$3,368

Rent

-$72

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,368 income − $3,440 expenses = $72 out of pocket

Income$3,368Out of Pocket$72Mortgage P&I$1,88556%Property Taxes$2798%Insurance$1314%Management$40412%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37011%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.4%

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

$3,368

Total Expenses

$3,440

Mortgage P&I

56%

$1,885

Property Taxes

8%

$279

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$404

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$370

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