REI Lense

REI Lense

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$1,208 (target)

117 Harrison St, Newton, KS 67114

3 beds • 2 baths • 1372 sqft

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This property looks like a bad Long-Term investment with a projected -14.89% first-year return on $40,950 initial cash invested.

-14.89%

Cash On Cash

3.68%

Cap Rate

0.57

DSCR

$1,208

Rent

-$508

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,208 income − $1,716 expenses = $508 out of pocket

Income$1,208Out of Pocket$508Mortgage P&I$1,04687%Property Taxes$28924%Insurance$686%Management$12110%CapEx$605%Vacancy$726%Maintenance$605%

Investment Breakdown

|

Purchase Price

$195k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,950

Downpayment

20%

$39,000

Closing costs

1%

$1,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,208

Total Expenses

$1,716

Mortgage P&I

87%

$1,046

Property Taxes

24%

$289

Home Insurance

6%

$68

HOA

0%

$0

Property Management

10%

$121

CapEx

5%

$60

Vacancy

6%

$72

Maintenance

5%

$60

Other

0%

$0

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