REI Lense

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$1,347 (target)

585 Parkway Ave, Pratt, KS 67124

3 beds • 2 baths • 1160 sqft

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This property might be a fair Long-Term investment with a projected 3.45% first-year return on $27,825 initial cash invested.

3.45%

Cash On Cash

7.63%

Cap Rate

1.21

DSCR

$1,347

Rent

$80

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,347 income − $1,267 expenses = $80 cash flow

Income$1,347Mortgage P&I$69652%Property Taxes$17513%Insurance$463%Management$13510%CapEx$675%Vacancy$816%Maintenance$675%Cash Flow$80

Investment Breakdown

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Purchase Price

$133k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,825

Downpayment

20%

$26,500

Closing costs

1%

$1,325

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,347

Total Expenses

$1,267

Mortgage P&I

52%

$696

Property Taxes

13%

$175

Home Insurance

3%

$46

HOA

0%

$0

Property Management

10%

$135

CapEx

5%

$67

Vacancy

6%

$81

Maintenance

5%

$67

Other

0%

$0

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