REI Lense

REI Lense

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$1,336 (target)

512 W Wayne Cir, Wichita, KS 67217

3 beds • 3 baths • 1878 sqft

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This property looks like a bad Long-Term investment with a projected -12.33% first-year return on $44,079 initial cash invested.

-12.33%

Cash On Cash

4.34%

Cap Rate

0.66

DSCR

$1,336

Rent

-$453

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,336 income − $1,789 expenses = $453 out of pocket

Income$1,336Out of Pocket$453Mortgage P&I$1,14686%Property Taxes$22117%Insurance$746%Management$13410%CapEx$675%Vacancy$806%Maintenance$675%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,079

Downpayment

20%

$41,980

Closing costs

1%

$2,099

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,336

Total Expenses

$1,789

Mortgage P&I

86%

$1,146

Property Taxes

17%

$221

Home Insurance

6%

$74

HOA

0%

$0

Property Management

10%

$134

CapEx

5%

$67

Vacancy

6%

$80

Maintenance

5%

$67

Other

0%

$0

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