REI Lense

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$3,694 (target)

2622 N Fieldstone St, Andover, KS 67002

3 beds • 3 baths • 2600 sqft

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This property might be a fair Mid-Term investment with a projected 1.17% first-year return on $88,350 initial cash invested.

1.17%

Cash On Cash

7.17%

Cap Rate

1.13

DSCR

$3,694

Rent

$86

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,694 income − $3,608 expenses = $86 cash flow

Income$3,694Mortgage P&I$1,76748%Property Taxes$43312%Insurance$1173%HOA$351%Management$44312%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40611%Cash Flow$86

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,350

Downpayment

20%

$67,000

Closing costs

1%

$3,350

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,694

Total Expenses

$3,608

Mortgage P&I

48%

$1,767

Property Taxes

12%

$433

Home Insurance

3%

$117

HOA

1%

$35

Property Management

12%

$443

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$406

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