REI Lense

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$1,980 (target)

1014 College Ln, Hutchinson, KS 67501

3 beds • 2 baths • 1532 sqft

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This property might be a fair Mid-Term investment with a projected 4.17% first-year return on $51,201 initial cash invested.

4.17%

Cash On Cash

8.46%

Cap Rate

1.3

DSCR

$1,980

Rent

$178

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,980 income − $1,802 expenses = $178 cash flow

Income$1,980Mortgage P&I$85843%Property Taxes$21511%Insurance$563%Management$23812%CapEx$794%Vacancy$593%Maintenance$794%Other$21811%Cash Flow$178

Investment Breakdown

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Purchase Price

$158k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,201

Downpayment

20%

$31,620

Closing costs

1%

$1,581

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,980

Total Expenses

$1,802

Mortgage P&I

43%

$858

Property Taxes

11%

$215

Home Insurance

3%

$56

HOA

0%

$0

Property Management

12%

$238

CapEx

4%

$79

Vacancy

3%

$59

Maintenance

4%

$79

Other

11%

$218

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