REI Lense

REI Lense

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$1,328 (target)

3100 N Ohio St, Augusta, KS 67010

3 beds • 3 baths • 2197 sqft

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This property looks like a bad Long-Term investment with a projected -18.95% first-year return on $62,685 initial cash invested.

-18.95%

Cash On Cash

2.5%

Cap Rate

0.4

DSCR

$1,328

Rent

-$990

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,328 income − $2,318 expenses = $990 out of pocket

Income$1,328Out of Pocket$990Mortgage P&I$1,547116%Property Taxes$32224%Insurance$1048%Management$13310%CapEx$665%Vacancy$806%Maintenance$665%

Investment Breakdown

|

Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,685

Downpayment

20%

$59,700

Closing costs

1%

$2,985

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,328

Total Expenses

$2,318

Mortgage P&I

116%

$1,547

Property Taxes

24%

$322

Home Insurance

8%

$104

HOA

0%

$0

Property Management

10%

$133

CapEx

5%

$66

Vacancy

6%

$80

Maintenance

5%

$66

Other

0%

$0

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