REI Lense

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$1,770 (target)

3225 Southwood Ct, Newton, KS 67114

3 beds • 3 baths • 2987 sqft

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This property looks like a bad Long-Term investment with a projected -14.93% first-year return on $68,250 initial cash invested.

-14.93%

Cash On Cash

3.23%

Cap Rate

0.54

DSCR

$1,770

Rent

-$849

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,770 income − $2,619 expenses = $849 out of pocket

Income$1,770Out of Pocket$849Mortgage P&I$1,63792%Property Taxes$40723%Insurance$1146%HOA$2Management$17710%CapEx$885%Vacancy$1066%Maintenance$885%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,770

Total Expenses

$2,619

Mortgage P&I

92%

$1,637

Property Taxes

23%

$407

Home Insurance

6%

$114

HOA

0%

$2

Property Management

10%

$177

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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