REI Lense

REI Lense

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$1,820 (target)

367 W Jewell Ave, Salina, KS 67401

3 beds • 2 baths • 1568 sqft

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This property might be a fair Long-Term investment with a projected 7.69% first-year return on $34,650 initial cash invested.

7.69%

Cash On Cash

8.82%

Cap Rate

1.35

DSCR

$1,820

Rent

$222

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,820 income − $1,598 expenses = $222 cash flow

Income$1,820Mortgage P&I$90049%Property Taxes$1679%Insurance$583%Management$18210%CapEx$915%Vacancy$1096%Maintenance$915%Cash Flow$222

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,650

Downpayment

20%

$33,000

Closing costs

1%

$1,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,820

Total Expenses

$1,598

Mortgage P&I

49%

$900

Property Taxes

9%

$167

Home Insurance

3%

$58

HOA

0%

$0

Property Management

10%

$182

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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