REI Lense

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$2,007 (target)

909 W Glenwood Street, Springfield, MO 65807

3 beds • 2 baths • 1320 sqft

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This property might be a fair Mid-Term investment with a projected 0.78% first-year return on $61,281 initial cash invested.

0.78%

Cash On Cash

7.25%

Cap Rate

1.11

DSCR

$2,007

Rent

$40

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,007 income − $1,967 expenses = $40 cash flow

Income$2,007Mortgage P&I$1,12556%Property Taxes$1085%Insurance$523%Management$24112%CapEx$804%Vacancy$603%Maintenance$804%Other$22111%Cash Flow$40

Investment Breakdown

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Purchase Price

$206k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,281

Downpayment

20%

$41,220

Closing costs

1%

$2,061

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,007

Total Expenses

$1,967

Mortgage P&I

56%

$1,125

Property Taxes

5%

$108

Home Insurance

3%

$52

HOA

0%

$0

Property Management

12%

$241

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$221

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