REI Lense

REI Lense

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$2,148 (target)

2808 Tobacco Rd, Manhattan, KS 66503

3 beds • 2 baths • 1911 sqft

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This property looks like a bad Long-Term investment with a projected -20.4% first-year return on $86,247 initial cash invested.

-20.4%

Cash On Cash

2.36%

Cap Rate

0.37

DSCR

$2,148

Rent

-$1,466

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,148 income − $3,614 expenses = $1,466 out of pocket

Income$2,148Out of Pocket$1,466Mortgage P&I$2,168101%Property Taxes$72434%Insurance$1477%HOA$171%Management$21510%CapEx$1075%Vacancy$1296%Maintenance$1075%

Investment Breakdown

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Purchase Price

$411k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,247

Downpayment

20%

$82,140

Closing costs

1%

$4,107

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,148

Total Expenses

$3,614

Mortgage P&I

101%

$2,168

Property Taxes

34%

$724

Home Insurance

7%

$147

HOA

1%

$17

Property Management

10%

$215

CapEx

5%

$107

Vacancy

6%

$129

Maintenance

5%

$107

Other

0%

$0

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