REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,058 (target)

1000 Lorna Ln, Newton, KS 67114

3 beds • 2 baths • 2052 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.67% first-year return on $62,394 initial cash invested.

-2.67%

Cash On Cash

6.03%

Cap Rate

0.95

DSCR

$2,058

Rent

-$139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,058 income − $2,197 expenses = $139 out of pocket

Income$2,058Out of Pocket$139Mortgage P&I$1,12054%Property Taxes$30315%Insurance$754%Management$24712%CapEx$824%Vacancy$623%Maintenance$824%Other$22611%

Investment Breakdown

|

Purchase Price

$211k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,394

Downpayment

20%

$42,280

Closing costs

1%

$2,114

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,058

Total Expenses

$2,197

Mortgage P&I

54%

$1,120

Property Taxes

15%

$303

Home Insurance

4%

$75

HOA

0%

$0

Property Management

12%

$247

CapEx

4%

$82

Vacancy

3%

$62

Maintenance

4%

$82

Other

11%

$226

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis