REI Lense

REI Lense

Unlock all features! Tap here to upgrade

338 W 15th St, Concordia, KS 66901

3 beds • 2 baths • 3084 sqft

Email

This property looks like a bad Airbnb investment with a projected -3.66% first-year return on $49,185 initial cash invested.

-3.66%

Cash On Cash

5.84%

Cap Rate

0.9

DSCR

$1,827

Rent

-$150

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,827 income − $1,977 expenses = $150 out of pocket

Income$1,827Out of Pocket$150Mortgage P&I$80044%Property Taxes$24814%Insurance$523%Management$27415%CapEx$734%Maintenance$734%Other$45725%

Investment Breakdown

|

Purchase Price

$149k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,185

Downpayment

20%

$29,700

Closing costs

1%

$1,485

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,827

Total Expenses

$1,977

Mortgage P&I

44%

$800

Property Taxes

14%

$248

Home Insurance

3%

$52

HOA

0%

$0

Property Management

15%

$274

CapEx

4%

$73

Vacancy

0%

$0

Maintenance

4%

$73

Other

25%

$457

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis