REI Lense

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$1,762 (target)

117 W 11th St, Concordia, KS 66901

3 beds • 2 baths • 1284 sqft

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This property might be a fair Mid-Term investment with a projected 5.26% first-year return on $45,384 initial cash invested.

5.26%

Cash On Cash

8.83%

Cap Rate

1.39

DSCR

$1,762

Rent

$199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,762 income − $1,563 expenses = $199 cash flow

Income$1,762Mortgage P&I$69139%Property Taxes$22413%Insurance$503%Management$21112%CapEx$704%Vacancy$533%Maintenance$704%Other$19411%Cash Flow$199

Investment Breakdown

|

Purchase Price

$130k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,384

Downpayment

20%

$26,080

Closing costs

1%

$1,304

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$1,762

Total Expenses

$1,563

Mortgage P&I

39%

$691

Property Taxes

13%

$224

Home Insurance

3%

$50

HOA

0%

$0

Property Management

12%

$211

CapEx

4%

$70

Vacancy

3%

$53

Maintenance

4%

$70

Other

11%

$194

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