REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,679 (target)

555 S Springlake Ln, Wichita, KS 67230

3 beds • 3 baths • 3066 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.1% first-year return on $82,425 initial cash invested.

-7.1%

Cash On Cash

5.08%

Cap Rate

0.82

DSCR

$2,679

Rent

-$488

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,679 income − $3,167 expenses = $488 out of pocket

Income$2,679Out of Pocket$488Mortgage P&I$2,01475%Property Taxes$31912%Insurance$1375%Management$26810%CapEx$1345%Vacancy$1616%Maintenance$1345%

Investment Breakdown

|

Purchase Price

$393k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,425

Downpayment

20%

$78,500

Closing costs

1%

$3,925

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,679

Total Expenses

$3,167

Mortgage P&I

75%

$2,014

Property Taxes

12%

$319

Home Insurance

5%

$137

HOA

0%

$0

Property Management

10%

$268

CapEx

5%

$134

Vacancy

6%

$161

Maintenance

5%

$134

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis