REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1402 N Grimes St, McPherson, KS 67460

3 beds • 2 baths • 1924 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.46% first-year return on $79,152 initial cash invested.

-11.46%

Cash On Cash

3.19%

Cap Rate

0.53

DSCR

$1,958

Rent

-$756

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,958 income − $2,714 expenses = $756 out of pocket

Income$1,958Out of Pocket$756Mortgage P&I$1,45174%Property Taxes$21811%Insurance$1055%Management$29415%CapEx$784%Maintenance$784%Other$49025%

Investment Breakdown

|

Purchase Price

$291k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,152

Downpayment

20%

$58,240

Closing costs

1%

$2,912

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,958

Total Expenses

$2,714

Mortgage P&I

74%

$1,451

Property Taxes

11%

$218

Home Insurance

5%

$105

HOA

0%

$0

Property Management

15%

$294

CapEx

4%

$78

Vacancy

0%

$0

Maintenance

4%

$78

Other

25%

$490

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis