REI Lense

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$2,421 (target)

523 Joy St, Neosho, MO 64850

3 beds • 2 baths • 1656 sqft

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This property might be a fair Mid-Term investment with a projected 2.77% first-year return on $70,563 initial cash invested.

2.77%

Cash On Cash

7.29%

Cap Rate

1.21

DSCR

$2,421

Rent

$163

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,421 income − $2,258 expenses = $163 cash flow

Income$2,421Mortgage P&I$1,26152%Property Taxes$833%Insurance$904%Management$29112%CapEx$974%Vacancy$733%Maintenance$974%Other$26611%Cash Flow$163

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,563

Downpayment

20%

$50,060

Closing costs

1%

$2,503

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,421

Total Expenses

$2,258

Mortgage P&I

52%

$1,261

Property Taxes

3%

$83

Home Insurance

4%

$90

HOA

0%

$0

Property Management

12%

$291

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$266

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