REI Lense

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$3,842 (target)

11013 Cleveland Ave, Kansas City, KS 66109

3 beds • 3 baths • 1969 sqft

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This property might be a fair Mid-Term investment with a projected 0.94% first-year return on $100k initial cash invested.

0.94%

Cash On Cash

6.55%

Cap Rate

1.12

DSCR

$3,842

Rent

$78

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,842 income − $3,764 expenses = $78 cash flow

Income$3,842Mortgage P&I$1,90049%Property Taxes$41711%Insurance$1404%Management$46112%CapEx$1544%Vacancy$1153%Maintenance$1544%Other$42311%Cash Flow$78

Investment Breakdown

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Purchase Price

$391k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,100

Closing costs

1%

$3,905

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,842

Total Expenses

$3,764

Mortgage P&I

49%

$1,900

Property Taxes

11%

$417

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$461

CapEx

4%

$154

Vacancy

3%

$115

Maintenance

4%

$154

Other

11%

$423

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