REI Lense

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$1,594 (target)

225 W 9th Ave, Hutchinson, KS 67501

3 beds • 2 baths • 1707 sqft

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This property looks like a bad Mid-Term investment with a projected -0.12% first-year return on $48,450 initial cash invested.

-0.12%

Cash On Cash

7.03%

Cap Rate

1.07

DSCR

$1,594

Rent

-$5

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,594 income − $1,599 expenses = $5 out of pocket

Income$1,594Out of Pocket$5Mortgage P&I$79150%Property Taxes$21513%Insurance$513%Management$19112%CapEx$644%Vacancy$483%Maintenance$644%Other$17511%

Investment Breakdown

|

Purchase Price

$145k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,450

Downpayment

20%

$29,000

Closing costs

1%

$1,450

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,594

Total Expenses

$1,599

Mortgage P&I

50%

$791

Property Taxes

13%

$215

Home Insurance

3%

$51

HOA

0%

$0

Property Management

12%

$191

CapEx

4%

$64

Vacancy

3%

$48

Maintenance

4%

$64

Other

11%

$175

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