REI Lense

REI Lense

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$1,862 (target)

801 Riverside Dr, Neosho, MO 64850

3 beds • 2 baths • 1164 sqft

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This property might be a fair Mid-Term investment with a projected 5.13% first-year return on $54,708 initial cash invested.

5.13%

Cash On Cash

8.2%

Cap Rate

1.35

DSCR

$1,862

Rent

$234

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,708

Downpayment

20%

$34,960

Closing costs

1%

$1,748

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,862

Total Expenses

$1,628

Mortgage P&I

48%

$887

Property Taxes

2%

$46

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$223

CapEx

4%

$74

Vacancy

3%

$56

Maintenance

4%

$74

Other

11%

$205

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