REI Lense

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$2,000 (target)

1206 Henry St, Augusta, KS 67010

3 beds • 2 baths • 1314 sqft

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This property might be a fair Mid-Term investment with a projected 5.34% first-year return on $53,700 initial cash invested.

5.34%

Cash On Cash

8.61%

Cap Rate

1.35

DSCR

$2,000

Rent

$239

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,000 income − $1,761 expenses = $239 cash flow

Income$2,000Mortgage P&I$90145%Property Taxes$1206%Insurance$603%Management$24012%CapEx$804%Vacancy$603%Maintenance$804%Other$22011%Cash Flow$239

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,700

Downpayment

20%

$34,000

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,000

Total Expenses

$1,761

Mortgage P&I

45%

$901

Property Taxes

6%

$120

Home Insurance

3%

$60

HOA

0%

$0

Property Management

12%

$240

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$220

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