REI Lense

REI Lense

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$1,310 (target)

20 N Eastborough Rd, Salina, KS 67401

3 beds • 2 baths • 2392 sqft

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This property looks like a bad Long-Term investment with a projected -14.43% first-year return on $47,250 initial cash invested.

-14.43%

Cash On Cash

3.78%

Cap Rate

0.59

DSCR

$1,310

Rent

-$568

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,310 income − $1,878 expenses = $568 out of pocket

Income$1,310Out of Pocket$568Mortgage P&I$1,21092%Property Taxes$24719%Insurance$796%Management$13110%CapEx$665%Vacancy$796%Maintenance$665%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,310

Total Expenses

$1,878

Mortgage P&I

92%

$1,210

Property Taxes

19%

$247

Home Insurance

6%

$79

HOA

0%

$0

Property Management

10%

$131

CapEx

5%

$66

Vacancy

6%

$79

Maintenance

5%

$66

Other

0%

$0

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