REI Lense

REI Lense

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$1,327 (target)

6614 Geneva Dr, Joplin, MO 64801

3 beds • 2 baths • 1282 sqft

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This property looks like a bad Long-Term investment with a projected -8.21% first-year return on $44,016 initial cash invested.

-8.21%

Cash On Cash

5.2%

Cap Rate

0.79

DSCR

$1,327

Rent

-$301

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,327 income − $1,628 expenses = $301 out of pocket

Income$1,327Out of Pocket$301Mortgage P&I$1,14486%Property Taxes$645%Insurance$756%Management$13310%CapEx$665%Vacancy$806%Maintenance$665%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,016

Downpayment

20%

$41,920

Closing costs

1%

$2,096

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,327

Total Expenses

$1,628

Mortgage P&I

86%

$1,144

Property Taxes

5%

$64

Home Insurance

6%

$75

HOA

0%

$0

Property Management

10%

$133

CapEx

5%

$66

Vacancy

6%

$80

Maintenance

5%

$66

Other

0%

$0

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