REI Lense

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$1,090 (target)

215 N Dodge Ave, Wichita, KS 67203

3 beds • 3 baths • 1768 sqft

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This property looks like a bad Long-Term investment with a projected -12.1% first-year return on $39,879 initial cash invested.

-12.1%

Cash On Cash

4.31%

Cap Rate

0.66

DSCR

$1,090

Rent

-$402

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,090 income − $1,492 expenses = $402 out of pocket

Income$1,090Out of Pocket$402Mortgage P&I$1,03094%Property Taxes$11410%Insurance$666%Management$10910%CapEx$545%Vacancy$656%Maintenance$545%

Investment Breakdown

|

Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,879

Downpayment

20%

$37,980

Closing costs

1%

$1,899

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,090

Total Expenses

$1,492

Mortgage P&I

95%

$1,030

Property Taxes

10%

$114

Home Insurance

6%

$66

HOA

0%

$0

Property Management

10%

$109

CapEx

5%

$54

Vacancy

6%

$65

Maintenance

5%

$54

Other

0%

$0

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