REI Lense

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$1,425 (target)

502 Riverdale Dr, Mulvane, KS 67110

3 beds • 2 baths • 1925 sqft

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This property looks like a bad Mid-Term investment with a projected -11.37% first-year return on $65,250 initial cash invested.

-11.37%

Cash On Cash

3.56%

Cap Rate

0.54

DSCR

$1,425

Rent

-$618

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,425 income − $2,043 expenses = $618 out of pocket

Income$1,425Out of Pocket$618Mortgage P&I$1,22886%Property Taxes$25118%Insurance$796%Management$17112%CapEx$574%Vacancy$433%Maintenance$574%Other$15711%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,425

Total Expenses

$2,043

Mortgage P&I

86%

$1,228

Property Taxes

18%

$251

Home Insurance

6%

$79

HOA

0%

$0

Property Management

12%

$171

CapEx

4%

$57

Vacancy

3%

$43

Maintenance

4%

$57

Other

11%

$157

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