REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,819 (target)

2407 E Kite St, Wichita, KS 67219

3 beds • 3 baths • 2129 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.81% first-year return on $60,900 initial cash invested.

-12.81%

Cash On Cash

4.18%

Cap Rate

0.64

DSCR

$1,819

Rent

-$650

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,819 income − $2,469 expenses = $650 out of pocket

Income$1,819Out of Pocket$650Mortgage P&I$1,56986%Property Taxes$28316%Insurance$1026%HOA$422%Management$18210%CapEx$915%Vacancy$1096%Maintenance$915%

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,900

Downpayment

20%

$58,000

Closing costs

1%

$2,900

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,819

Total Expenses

$2,469

Mortgage P&I

86%

$1,569

Property Taxes

16%

$283

Home Insurance

6%

$102

HOA

2%

$42

Property Management

10%

$182

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis