REI Lense

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$1,429 (target)

40060 SE 30th St, Pratt, KS 67124

3 beds • 2 baths • 1512 sqft

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This property looks like a bad Long-Term investment with a projected -11.17% first-year return on $44,268 initial cash invested.

-11.17%

Cash On Cash

4.51%

Cap Rate

0.7

DSCR

$1,429

Rent

-$412

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,429 income − $1,841 expenses = $412 out of pocket

Income$1,429Out of Pocket$412Mortgage P&I$1,13479%Property Taxes$25918%Insurance$775%Management$14310%CapEx$715%Vacancy$866%Maintenance$715%

Investment Breakdown

|

Purchase Price

$211k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,268

Downpayment

20%

$42,160

Closing costs

1%

$2,108

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,429

Total Expenses

$1,841

Mortgage P&I

79%

$1,134

Property Taxes

18%

$259

Home Insurance

5%

$77

HOA

0%

$0

Property Management

10%

$143

CapEx

5%

$71

Vacancy

6%

$86

Maintenance

5%

$71

Other

0%

$0

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