REI Lense

REI Lense

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$1,063 (target)

225 W 9th Ave, Hutchinson, KS 67501

3 beds • 2 baths • 1707 sqft

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This property looks like a bad Long-Term investment with a projected -10.64% first-year return on $30,450 initial cash invested.

-10.64%

Cash On Cash

4.75%

Cap Rate

0.73

DSCR

$1,063

Rent

-$270

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,063 income − $1,333 expenses = $270 out of pocket

Income$1,063Out of Pocket$270Mortgage P&I$79174%Property Taxes$21520%Insurance$515%Management$10610%CapEx$535%Vacancy$646%Maintenance$535%

Investment Breakdown

|

Purchase Price

$145k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,450

Downpayment

20%

$29,000

Closing costs

1%

$1,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,063

Total Expenses

$1,333

Mortgage P&I

74%

$791

Property Taxes

20%

$215

Home Insurance

5%

$51

HOA

0%

$0

Property Management

10%

$106

CapEx

5%

$53

Vacancy

6%

$64

Maintenance

5%

$53

Other

0%

$0

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