REI Lense

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$1,089 (target)

2209 Adams St, Great Bend, KS 67530

3 beds • 2 baths • 1448 sqft

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This property looks like a bad Mid-Term investment with a projected -6.56% first-year return on $49,920 initial cash invested.

-6.56%

Cash On Cash

4.39%

Cap Rate

0.71

DSCR

$1,089

Rent

-$273

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,089 income − $1,362 expenses = $273 out of pocket

Income$1,089Out of Pocket$273Mortgage P&I$78572%Property Taxes$15114%Insurance$545%Management$13112%CapEx$444%Vacancy$333%Maintenance$444%Other$12011%

Investment Breakdown

|

Purchase Price

$152k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,920

Downpayment

20%

$30,400

Closing costs

1%

$1,520

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,089

Total Expenses

$1,362

Mortgage P&I

72%

$785

Property Taxes

14%

$151

Home Insurance

5%

$54

HOA

0%

$0

Property Management

12%

$131

CapEx

4%

$44

Vacancy

3%

$33

Maintenance

4%

$44

Other

11%

$120

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