REI Lense

REI Lense

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$1,512 (target)

1818 N Park Pl, Wichita, KS 67203

3 beds • 3 baths • 2134 sqft

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This property might be a fair Long-Term investment with a projected 8.01% first-year return on $30,429 initial cash invested.

8.01%

Cash On Cash

8.65%

Cap Rate

1.36

DSCR

$1,512

Rent

$203

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,512 income − $1,309 expenses = $203 cash flow

Income$1,512Mortgage P&I$76651%Property Taxes$986%Insurance$513%Management$15110%CapEx$765%Vacancy$916%Maintenance$765%Cash Flow$203

Investment Breakdown

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Purchase Price

$145k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,429

Downpayment

20%

$28,980

Closing costs

1%

$1,449

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,512

Total Expenses

$1,309

Mortgage P&I

51%

$766

Property Taxes

6%

$98

Home Insurance

3%

$51

HOA

0%

$0

Property Management

10%

$151

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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