REI Lense

REI Lense

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$1,431 (target)

2520 Brockman St, Manhattan, KS 66502

3 beds • 2 baths • 1920 sqft

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This property looks like a bad Long-Term investment with a projected -8.1% first-year return on $41,790 initial cash invested.

-8.1%

Cash On Cash

4.94%

Cap Rate

0.8

DSCR

$1,431

Rent

-$282

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$199k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,790

Downpayment

20%

$39,800

Closing costs

1%

$1,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,431

Total Expenses

$1,713

Mortgage P&I

72%

$1,030

Property Taxes

17%

$238

Home Insurance

5%

$72

HOA

0%

$0

Property Management

10%

$143

CapEx

5%

$72

Vacancy

6%

$86

Maintenance

5%

$72

Other

0%

$0

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