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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 -17.9% first-year return on $120k initial cash invested.

-17.9%

Cash On Cash

2.02%

Cap Rate

0.32

DSCR

$2,111

Rent

-$1,796

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,111 income − $3,907 expenses = $1,796 out of pocket

Income$2,111Out of Pocket$1,796Mortgage P&I$2,532120%Property Taxes$1929%Insurance$1708%Management$31715%CapEx$844%Maintenance$844%Other$52825%

Investment Breakdown

|

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

$2,111

Total Expenses

$3,907

Mortgage P&I

120%

$2,532

Property Taxes

9%

$192

Home Insurance

8%

$170

HOA

0%

$0

Property Management

15%

$317

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$528

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