REI Lense

REI Lense

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$1,389 (target)

3216 Canterbury Dr, Salina, KS 67401

3 beds • 2 baths • 1232 sqft

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This property looks like a bad Long-Term investment with a projected -3.83% first-year return on $35,700 initial cash invested.

-3.83%

Cash On Cash

6.15%

Cap Rate

0.95

DSCR

$1,389

Rent

-$114

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,389 income − $1,503 expenses = $114 out of pocket

Income$1,389Out of Pocket$114Mortgage P&I$91666%Property Taxes$16712%Insurance$604%Management$13910%CapEx$695%Vacancy$836%Maintenance$695%

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,700

Downpayment

20%

$34,000

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,389

Total Expenses

$1,503

Mortgage P&I

66%

$916

Property Taxes

12%

$167

Home Insurance

4%

$60

HOA

0%

$0

Property Management

10%

$139

CapEx

5%

$69

Vacancy

6%

$83

Maintenance

5%

$69

Other

0%

$0

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