REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,094 (target)

428 E 16th Ave, Hutchinson, KS 67501

3 beds • 2 baths • 2963 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.59% first-year return on $54,750 initial cash invested.

2.59%

Cash On Cash

7.73%

Cap Rate

1.22

DSCR

$2,094

Rent

$118

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,094 income − $1,976 expenses = $118 cash flow

Income$2,094Mortgage P&I$92644%Property Taxes$27713%Insurance$613%Management$25112%CapEx$844%Vacancy$633%Maintenance$844%Other$23011%Cash Flow$118

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,750

Downpayment

20%

$35,000

Closing costs

1%

$1,750

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,094

Total Expenses

$1,976

Mortgage P&I

44%

$926

Property Taxes

13%

$277

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$251

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$230

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis