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7172 Spurgeon Rd, Joplin, MO 64804

3 beds • 3 baths • 2932 sqft

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This property looks like a bad Airbnb investment with a projected -18.63% first-year return on $120k initial cash invested.

-18.63%

Cash On Cash

1.83%

Cap Rate

0.29

DSCR

$1,972

Rent

-$1,869

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,972 income − $3,841 expenses = $1,869 out of pocket

Income$1,972Out of Pocket$1,869Mortgage P&I$2,532128%Property Taxes$19210%Insurance$1709%Management$29615%CapEx$794%Maintenance$794%Other$49325%

Investment Breakdown

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Purchase Price

$488k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,500

Closing costs

1%

$4,875

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,972

Total Expenses

$3,841

Mortgage P&I

128%

$2,532

Property Taxes

10%

$192

Home Insurance

9%

$170

HOA

0%

$0

Property Management

15%

$296

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$493

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