REI Lense

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$1,786 (target)

461 S Delaware Ave, Salina, KS 67401

3 beds • 2 baths • 1860 sqft

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This property looks like a bad Mid-Term investment with a projected -4.13% first-year return on $61,890 initial cash invested.

-4.13%

Cash On Cash

5.74%

Cap Rate

0.88

DSCR

$1,786

Rent

-$213

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,890

Downpayment

20%

$41,800

Closing costs

1%

$2,090

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,786

Total Expenses

$1,999

Mortgage P&I

64%

$1,141

Property Taxes

10%

$179

Home Insurance

4%

$73

HOA

0%

$0

Property Management

12%

$214

CapEx

4%

$71

Vacancy

3%

$54

Maintenance

4%

$71

Other

11%

$196

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