REI Lense

REI Lense

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$1,380 (target)

1515 Ann St, Winfield, KS 67156

3 beds • 2 baths • 1375 sqft

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This property might be a fair Long-Term investment with a projected 8.05% first-year return on $26,250 initial cash invested.

8.05%

Cash On Cash

8.45%

Cap Rate

1.39

DSCR

$1,380

Rent

$176

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,380 income − $1,204 expenses = $176 cash flow

Income$1,380Mortgage P&I$63546%Property Taxes$16612%Insurance$443%Management$13810%CapEx$695%Vacancy$836%Maintenance$695%Cash Flow$176

Investment Breakdown

|

Purchase Price

$125k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,250

Downpayment

20%

$25,000

Closing costs

1%

$1,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,380

Total Expenses

$1,204

Mortgage P&I

46%

$635

Property Taxes

12%

$166

Home Insurance

3%

$44

HOA

0%

$0

Property Management

10%

$138

CapEx

5%

$69

Vacancy

6%

$83

Maintenance

5%

$69

Other

0%

$0

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