REI Lense

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$3,183 (target)

1456 Briarwood Ln, McPherson, KS 67460

3 beds • 3 baths • 2628 sqft

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This property looks like a bad Mid-Term investment with a projected -6.27% first-year return on $99,879 initial cash invested.

-6.27%

Cash On Cash

4.9%

Cap Rate

0.8

DSCR

$3,183

Rent

-$522

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,183

Total Expenses

$3,705

Mortgage P&I

62%

$1,986

Property Taxes

16%

$502

Home Insurance

4%

$136

HOA

0%

$0

Property Management

12%

$382

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$350

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