REI Lense

REI Lense

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$1,098 (target)

1416 W Kansas Ave, Arkansas City, KS 67005

3 beds • 2 baths • 1442 sqft

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This property looks like a bad Long-Term investment with a projected -1.05% first-year return on $27,300 initial cash invested.

-1.05%

Cash On Cash

6.76%

Cap Rate

1.04

DSCR

$1,098

Rent

-$24

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,098 income − $1,122 expenses = $24 out of pocket

Income$1,098Out of Pocket$24Mortgage P&I$70164%Property Taxes$898%Insurance$464%Management$11010%CapEx$555%Vacancy$666%Maintenance$555%

Investment Breakdown

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Purchase Price

$130k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,300

Downpayment

20%

$26,000

Closing costs

1%

$1,300

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,098

Total Expenses

$1,122

Mortgage P&I

64%

$701

Property Taxes

8%

$89

Home Insurance

4%

$46

HOA

0%

$0

Property Management

10%

$110

CapEx

5%

$55

Vacancy

6%

$66

Maintenance

5%

$55

Other

0%

$0

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