REI Lense

REI Lense

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$1,749 (target)

5632 S Newton Avenue, Springfield, MO 65810

3 beds • 2 baths • 1656 sqft

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This property looks like a bad Long-Term investment with a projected -11.8% first-year return on $68,649 initial cash invested.

-11.8%

Cash On Cash

3.89%

Cap Rate

0.64

DSCR

$1,749

Rent

-$675

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,749 income − $2,424 expenses = $675 out of pocket

Income$1,749Out of Pocket$675Mortgage P&I$1,64894%Property Taxes$1639%Insurance$1177%HOA$422%Management$17510%CapEx$875%Vacancy$1056%Maintenance$875%

Investment Breakdown

|

Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,649

Downpayment

20%

$65,380

Closing costs

1%

$3,269

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,749

Total Expenses

$2,424

Mortgage P&I

94%

$1,648

Property Taxes

9%

$163

Home Insurance

7%

$117

HOA

2%

$42

Property Management

10%

$175

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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