REI Lense

REI Lense

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$2,403 (target)

22535 W 214th St, Spring Hill, KS 66083

3 beds • 2 baths • 1559 sqft

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This property looks like a bad Long-Term investment with a projected -8.27% first-year return on $79,273 initial cash invested.

-8.27%

Cash On Cash

4.53%

Cap Rate

0.77

DSCR

$2,403

Rent

-$546

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,403 income − $2,949 expenses = $546 out of pocket

Income$2,403Out of Pocket$546Mortgage P&I$1,85077%Property Taxes$34314%Insurance$1325%Management$24010%CapEx$1205%Vacancy$1446%Maintenance$1205%

Investment Breakdown

|

Purchase Price

$377k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,273

Downpayment

20%

$75,498

Closing costs

1%

$3,775

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,403

Total Expenses

$2,949

Mortgage P&I

77%

$1,850

Property Taxes

14%

$343

Home Insurance

5%

$132

HOA

0%

$0

Property Management

10%

$240

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

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