REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,722 (target)

2904 Wayne Dr, Manhattan, KS 66502

3 beds • 3 baths • 2552 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.82% first-year return on $80,370 initial cash invested.

-2.82%

Cash On Cash

5.76%

Cap Rate

0.95

DSCR

$2,722

Rent

-$189

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,722 income − $2,911 expenses = $189 out of pocket

Income$2,722Out of Pocket$189Mortgage P&I$1,50555%Property Taxes$37614%Insurance$1044%Management$32712%CapEx$1094%Vacancy$823%Maintenance$1094%Other$29911%

Investment Breakdown

|

Purchase Price

$297k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,370

Downpayment

20%

$59,400

Closing costs

1%

$2,970

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,722

Total Expenses

$2,911

Mortgage P&I

55%

$1,505

Property Taxes

14%

$376

Home Insurance

4%

$104

HOA

0%

$0

Property Management

12%

$327

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$299

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis