Saint Joseph, MO


$ 49,900 - Buy & Hold

4.0 bd | 1.0 ba | 1,500 sqft | 1926 yr | $ 975 Rent

IRR
5.05 %
Yield-on-Cost
10.03 %
Cash on Cash
13.44 %
Net Monthly Cashflow
$486

Description

Four bedroom one bath home with good curb appeal and bones. This property has lots of potential! We love the hardwood floors, wood work, fireplace,


Buy & Hold Analysis

  • ARV: $49,900
  • Yield-on-Cost: 10.03 %
  • Net Monthly Cashflow: $486
  • Monthly Rent: $975

Financial Analysis

  • Loan Amnt: $ 37,425.00
  • All-in Cost: $ 80,773.25
  • Debt Coverage Ratio: 3.56 %
  • Total Out of Pocket: $ 43,348.25
  • Monthly Mortgage: $ 189.63

Expense Assumptions

  • Prop Insurance: $800
  • Prop Mgmt Fee: $1,112
  • Vacancy: $585
  • Capex: $0

Financing Assumptions

  • Down Payment: $12,475
  • Interest Rate: 4.50 %
  • Loan Term Months: 360.00
  • Points: $374

Other Assumptions

  • Closing Cost: $ 499
  • Rental Holding Period: 4.00


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