REI Lense

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$1,621 (target)

1708 Browning Ave, Manhattan, KS 66502

3 beds • 2 baths • 1161 sqft

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This property looks like a bad Long-Term investment with a projected -10.62% first-year return on $52,206 initial cash invested.

-10.62%

Cash On Cash

4.49%

Cap Rate

0.71

DSCR

$1,621

Rent

-$462

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,621 income − $2,083 expenses = $462 out of pocket

Income$1,621Out of Pocket$462Mortgage P&I$1,31181%Property Taxes$26216%Insurance$895%Management$16210%CapEx$815%Vacancy$976%Maintenance$815%

Investment Breakdown

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Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,206

Downpayment

20%

$49,720

Closing costs

1%

$2,486

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,621

Total Expenses

$2,083

Mortgage P&I

81%

$1,311

Property Taxes

16%

$262

Home Insurance

5%

$89

HOA

0%

$0

Property Management

10%

$162

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

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