REI Lense

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$1,205 (target)

536 N Meeds Dr, Valley Center, KS 67147

3 beds • 2 baths • 1296 sqft

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This property looks like a bad Long-Term investment with a projected -10.46% first-year return on $40,950 initial cash invested.

-10.46%

Cash On Cash

4.52%

Cap Rate

0.71

DSCR

$1,205

Rent

-$357

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,205 income − $1,562 expenses = $357 out of pocket

Income$1,205Out of Pocket$357Mortgage P&I$1,03186%Property Taxes$15113%Insurance$686%Management$12010%CapEx$605%Vacancy$726%Maintenance$605%

Investment Breakdown

|

Purchase Price

$195k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,950

Downpayment

20%

$39,000

Closing costs

1%

$1,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,205

Total Expenses

$1,562

Mortgage P&I

86%

$1,031

Property Taxes

13%

$151

Home Insurance

6%

$68

HOA

0%

$0

Property Management

10%

$120

CapEx

5%

$60

Vacancy

6%

$72

Maintenance

5%

$60

Other

0%

$0

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