REI Lense

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$2,502 (target)

218 W Aaron Dr, Andover, KS 67002

3 beds • 2 baths • 1632 sqft

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This property might be a fair Mid-Term investment with a projected 0.12% first-year return on $72,600 initial cash invested.

0.12%

Cash On Cash

6.49%

Cap Rate

1.08

DSCR

$2,502

Rent

$7

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,502 income − $2,495 expenses = $7 cash flow

Income$2,502Mortgage P&I$1,30052%Property Taxes$25410%Insurance$914%Management$30012%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27511%Cash Flow$7

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,502

Total Expenses

$2,495

Mortgage P&I

52%

$1,300

Property Taxes

10%

$254

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

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