REI Lense

REI Lense

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$1,545 (target)

5600 N Plum St, Hutchinson, KS 67502

3 beds • 2 baths • 2056 sqft

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This property looks like a bad Long-Term investment with a projected -9.78% first-year return on $49,350 initial cash invested.

-9.78%

Cash On Cash

4.5%

Cap Rate

0.73

DSCR

$1,545

Rent

-$402

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,545 income − $1,947 expenses = $402 out of pocket

Income$1,545Out of Pocket$402Mortgage P&I$1,20778%Property Taxes$25717%Insurance$825%Management$15410%CapEx$775%Vacancy$936%Maintenance$775%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,545

Total Expenses

$1,947

Mortgage P&I

78%

$1,207

Property Taxes

17%

$257

Home Insurance

5%

$82

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

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