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$2,794 (target)

600 Morgan Ct, Joplin, MO 64801

3 beds • 3 baths • 1917 sqft

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This property might be a fair Mid-Term investment with a projected 1.76% first-year return on $79,698 initial cash invested.

1.76%

Cash On Cash

7%

Cap Rate

1.15

DSCR

$2,794

Rent

$117

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,794 income − $2,677 expenses = $117 cash flow

Income$2,794Mortgage P&I$1,48653%Property Taxes$1365%Insurance$1054%Management$33512%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30711%Cash Flow$117

Investment Breakdown

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Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,698

Downpayment

20%

$58,760

Closing costs

1%

$2,938

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,794

Total Expenses

$2,677

Mortgage P&I

53%

$1,486

Property Taxes

5%

$136

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$335

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$307

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