REI Lense

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$1,267 (target)

1700 S Water St, Wichita, KS 67213

3 beds • 2 baths • 1170 sqft

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This property looks like a bad Long-Term investment with a projected -2.1% first-year return on $31,500 initial cash invested.

-2.1%

Cash On Cash

6.53%

Cap Rate

1.01

DSCR

$1,267

Rent

-$55

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,267 income − $1,322 expenses = $55 out of pocket

Income$1,267Out of Pocket$55Mortgage P&I$80864%Property Taxes$13310%Insurance$524%Management$12710%CapEx$635%Vacancy$766%Maintenance$635%

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,267

Total Expenses

$1,322

Mortgage P&I

64%

$808

Property Taxes

11%

$133

Home Insurance

4%

$52

HOA

0%

$0

Property Management

10%

$127

CapEx

5%

$63

Vacancy

6%

$76

Maintenance

5%

$63

Other

0%

$0

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