REI Lense

REI Lense

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$1,402 (target)

1810 E 13th Ave, Winfield, KS 67156

3 beds • 3 baths • 2556 sqft

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This property looks like a bad Long-Term investment with a projected -11.18% first-year return on $43,575 initial cash invested.

-11.18%

Cash On Cash

4.3%

Cap Rate

0.69

DSCR

$1,402

Rent

-$406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,402 income − $1,808 expenses = $406 out of pocket

Income$1,402Out of Pocket$406Mortgage P&I$1,07977%Property Taxes$29221%Insurance$735%Management$14010%CapEx$705%Vacancy$846%Maintenance$705%

Investment Breakdown

|

Purchase Price

$208k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,575

Downpayment

20%

$41,500

Closing costs

1%

$2,075

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,402

Total Expenses

$1,808

Mortgage P&I

77%

$1,079

Property Taxes

21%

$292

Home Insurance

5%

$73

HOA

0%

$0

Property Management

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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