REI Lense

REI Lense

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$1,303 (target)

517 N Washington St, El Dorado, KS 67042

3 beds • 2 baths • 1350 sqft

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This property might be a fair Long-Term investment with a projected 6.59% first-year return on $26,229 initial cash invested.

6.59%

Cash On Cash

8.34%

Cap Rate

1.32

DSCR

$1,303

Rent

$144

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,303 income − $1,159 expenses = $144 cash flow

Income$1,303Mortgage P&I$65951%Property Taxes$1189%Insurance$443%Management$13010%CapEx$655%Vacancy$786%Maintenance$655%Cash Flow$144

Investment Breakdown

|

Purchase Price

$125k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,229

Downpayment

20%

$24,980

Closing costs

1%

$1,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,303

Total Expenses

$1,159

Mortgage P&I

51%

$659

Property Taxes

9%

$118

Home Insurance

3%

$44

HOA

0%

$0

Property Management

10%

$130

CapEx

5%

$65

Vacancy

6%

$78

Maintenance

5%

$65

Other

0%

$0

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