1437 E Division St

Springfield, MO 65803
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2 bd, 1 ba | 1,435 sqft | Built in 1958

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List Price
$90,000

Initial Investment

$26,978

Purchase Price

$99,000

Down Payment

25%

Rent

$750

Total Return

$61,288

Annualized Return

26.7%

Cap Rate

5.7%

Gross Yield

9.1%

Cash Flow

-$161

Appreciation

10.4%
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Features

Occupancy

Occupied

Lease Start

06/21/2019

Lease End

06/30/2022

Lot Size

9,750

HOA

None

Flood Risk

Not Required

  • Attractive cap rate
  • Below market rent
  • Leased through 06/30/2022

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Annual Financial Highlights

Expected Rent

$8,550

Expenses

-$2,229

Property Taxes

-$1,100

Loan Payments

-$5,382

Net Cash Flow

-$161

See more in Financials

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