REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,829 (target)

1601 N Nickelton Cir, Wichita, KS 67235

3 beds • 3 baths • 2014 sqft

Email

This property looks like a bad Mid-Term investment with a projected -7.62% first-year return on $91,290 initial cash invested.

-7.62%

Cash On Cash

5.14%

Cap Rate

0.76

DSCR

$2,829

Rent

-$580

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,829 income − $3,409 expenses = $580 out of pocket

Income$2,829Out of Pocket$580Mortgage P&I$1,96369%Property Taxes$33012%Insurance$1224%HOA$331%Management$33912%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31111%

Investment Breakdown

|

Purchase Price

$349k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,290

Downpayment

20%

$69,800

Closing costs

1%

$3,490

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,829

Total Expenses

$3,409

Mortgage P&I

69%

$1,963

Property Taxes

12%

$330

Home Insurance

4%

$122

HOA

1%

$33

Property Management

12%

$339

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$311

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis