REI Lense

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$1,425 (target)

1208 Lyndon Rd, McPherson, KS 67460

3 beds • 2 baths • 2084 sqft

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This property looks like a bad Long-Term investment with a projected -13.37% first-year return on $50,190 initial cash invested.

-13.37%

Cash On Cash

3.91%

Cap Rate

0.61

DSCR

$1,425

Rent

-$559

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,425 income − $1,984 expenses = $559 out of pocket

Income$1,425Out of Pocket$559Mortgage P&I$1,26689%Property Taxes$26419%Insurance$846%Management$14210%CapEx$715%Vacancy$866%Maintenance$715%

Investment Breakdown

|

Purchase Price

$239k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,190

Downpayment

20%

$47,800

Closing costs

1%

$2,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,425

Total Expenses

$1,984

Mortgage P&I

89%

$1,266

Property Taxes

19%

$264

Home Insurance

6%

$84

HOA

0%

$0

Property Management

10%

$142

CapEx

5%

$71

Vacancy

6%

$86

Maintenance

5%

$71

Other

0%

$0

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