REI Lense

REI Lense

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$3,306 (target)

346 N Fairway Ave, Wichita, KS 67212

3 beds • 4 baths • 3765 sqft

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This property looks like a bad Mid-Term investment with a projected -1.73% first-year return on $91,479 initial cash invested.

-1.73%

Cash On Cash

6.15%

Cap Rate

1

DSCR

$3,306

Rent

-$132

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,306 income − $3,438 expenses = $132 out of pocket

Income$3,306Out of Pocket$132Mortgage P&I$1,79254%Property Taxes$40012%Insurance$1224%Management$39712%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36411%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,306

Total Expenses

$3,438

Mortgage P&I

54%

$1,792

Property Taxes

12%

$400

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$397

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$364

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