REI Lense

REI Lense

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$2,324 (target)

305 N 14th St, Kansas City, KS 66102

3 beds • 2 baths • 1504 sqft

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This property might be a fair Mid-Term investment with a projected 7.91% first-year return on $55,065 initial cash invested.

7.91%

Cash On Cash

9.47%

Cap Rate

1.49

DSCR

$2,324

Rent

$363

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,324 income − $1,961 expenses = $363 cash flow

Income$2,324Mortgage P&I$93740%Property Taxes$1687%Insurance$653%Management$27912%CapEx$934%Vacancy$703%Maintenance$934%Other$25611%Cash Flow$363

Investment Breakdown

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Purchase Price

$177k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,065

Downpayment

20%

$35,300

Closing costs

1%

$1,765

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,324

Total Expenses

$1,961

Mortgage P&I

40%

$937

Property Taxes

7%

$168

Home Insurance

3%

$65

HOA

0%

$0

Property Management

12%

$279

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$256

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