REI Lense

REI Lense

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$1,320 (target)

1014 College Ln, Hutchinson, KS 67501

3 beds • 2 baths • 1532 sqft

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This property looks like a bad Long-Term investment with a projected -5.49% first-year return on $33,201 initial cash invested.

-5.49%

Cash On Cash

5.86%

Cap Rate

0.9

DSCR

$1,320

Rent

-$152

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,320 income − $1,472 expenses = $152 out of pocket

Income$1,320Out of Pocket$152Mortgage P&I$85865%Property Taxes$21516%Insurance$564%Management$13210%CapEx$665%Vacancy$796%Maintenance$665%

Investment Breakdown

|

Purchase Price

$158k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,201

Downpayment

20%

$31,620

Closing costs

1%

$1,581

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,320

Total Expenses

$1,472

Mortgage P&I

65%

$858

Property Taxes

16%

$215

Home Insurance

4%

$56

HOA

0%

$0

Property Management

10%

$132

CapEx

5%

$66

Vacancy

6%

$79

Maintenance

5%

$66

Other

0%

$0

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