REI Lense

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$1,480 (target)

1010 E 1st Ave, Winfield, KS 67156

3 beds • 2 baths • 1404 sqft

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This property could be a profitable Long-Term investment with a projected 26.59% first-year return on $19,950 initial cash invested.

26.59%

Cash On Cash

12.87%

Cap Rate

2.03

DSCR

$1,480

Rent

$442

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,480 income − $1,038 expenses = $442 cash flow

Income$1,480Mortgage P&I$50334%Property Taxes$1178%Insurance$332%Management$14810%CapEx$745%Vacancy$896%Maintenance$745%Cash Flow$442

Investment Breakdown

|

Purchase Price

$95,000

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$19,950

Downpayment

20%

$19,000

Closing costs

1%

$950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,480

Total Expenses

$1,038

Mortgage P&I

34%

$503

Property Taxes

8%

$117

Home Insurance

2%

$33

HOA

0%

$0

Property Management

10%

$148

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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