REI Lense

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$2,154 (target)

1772 S Clifton Ave, Wichita, KS 67218

3 beds • 2 baths • 1485 sqft

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This property might be a fair Mid-Term investment with a projected 7.06% first-year return on $53,679 initial cash invested.

7.06%

Cash On Cash

9.22%

Cap Rate

1.44

DSCR

$2,154

Rent

$316

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,154 income − $1,838 expenses = $316 cash flow

Income$2,154Mortgage P&I$90442%Property Taxes$1427%Insurance$603%Management$25812%CapEx$864%Vacancy$653%Maintenance$864%Other$23711%Cash Flow$316

Investment Breakdown

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Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,679

Downpayment

20%

$33,980

Closing costs

1%

$1,699

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,154

Total Expenses

$1,838

Mortgage P&I

42%

$904

Property Taxes

7%

$142

Home Insurance

3%

$60

HOA

0%

$0

Property Management

12%

$258

CapEx

4%

$86

Vacancy

3%

$65

Maintenance

4%

$86

Other

11%

$237

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