REI Lense

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$1,413 (target)

102 Highland Dr, Arkansas City, KS 67005

3 beds • 2 baths • 1621 sqft

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This property looks like a bad Long-Term investment with a projected -11.84% first-year return on $49,970 initial cash invested.

-11.84%

Cash On Cash

4%

Cap Rate

0.65

DSCR

$1,413

Rent

-$493

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,413 income − $1,906 expenses = $493 out of pocket

Income$1,413Out of Pocket$493Mortgage P&I$1,21586%Property Taxes$24017%Insurance$836%Management$14110%CapEx$715%Vacancy$856%Maintenance$715%

Investment Breakdown

|

Purchase Price

$238k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,970

Downpayment

20%

$47,590

Closing costs

1%

$2,380

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,413

Total Expenses

$1,906

Mortgage P&I

86%

$1,215

Property Taxes

17%

$240

Home Insurance

6%

$83

HOA

0%

$0

Property Management

10%

$141

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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