REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,714 (target)

1521 E Elk Ridge Ave, Goddard, KS 67052

3 beds • 3 baths • 2547 sqft

Email

This property looks like a bad Mid-Term investment with a projected -10.09% first-year return on $132k initial cash invested.

-10.09%

Cash On Cash

3.87%

Cap Rate

0.65

DSCR

$3,714

Rent

-$1,114

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,714 income − $4,828 expenses = $1,114 out of pocket

Income$3,714Out of Pocket$1,114Mortgage P&I$2,72273%Property Taxes$59616%Insurance$1915%HOA$551%Management$44612%CapEx$1494%Vacancy$1113%Maintenance$1494%Other$40911%

Investment Breakdown

|

Purchase Price

$545k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$109k

Closing costs

1%

$5,450

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,714

Total Expenses

$4,828

Mortgage P&I

73%

$2,722

Property Taxes

16%

$596

Home Insurance

5%

$191

HOA

1%

$55

Property Management

12%

$446

CapEx

4%

$149

Vacancy

3%

$111

Maintenance

4%

$149

Other

11%

$409

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis