REI Lense

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$2,306 (target)

1422 N Rutgers St, Wichita, KS 67212

3 beds • 2 baths • 1903 sqft

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This property looks like a bad Mid-Term investment with a projected -5.69% first-year return on $83,520 initial cash invested.

-5.69%

Cash On Cash

4.82%

Cap Rate

0.8

DSCR

$2,306

Rent

-$396

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,306 income − $2,702 expenses = $396 out of pocket

Income$2,306Out of Pocket$396Mortgage P&I$1,55768%Property Taxes$25211%Insurance$1095%Management$27712%CapEx$924%Vacancy$693%Maintenance$924%Other$25411%

Investment Breakdown

|

Purchase Price

$312k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,520

Downpayment

20%

$62,400

Closing costs

1%

$3,120

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,306

Total Expenses

$2,702

Mortgage P&I

68%

$1,557

Property Taxes

11%

$252

Home Insurance

5%

$109

HOA

0%

$0

Property Management

12%

$277

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$254

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