REI Lense

REI Lense

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$1,626 (target)

41 29th Pkwy, Hutchinson, KS 67502

3 beds • 2 baths • 2160 sqft

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This property looks like a bad Long-Term investment with a projected -5.14% first-year return on $41,307 initial cash invested.

-5.14%

Cash On Cash

5.58%

Cap Rate

0.91

DSCR

$1,626

Rent

-$177

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$197k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,307

Downpayment

20%

$39,340

Closing costs

1%

$1,967

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,626

Total Expenses

$1,803

Mortgage P&I

62%

$1,011

Property Taxes

18%

$299

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$163

CapEx

5%

$81

Vacancy

6%

$98

Maintenance

5%

$81

Other

0%

$0

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