REI Lense

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$1,533 (target)

615 E 4th St, Newton, KS 67114

3 beds • 2 baths • 2945 sqft

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This property looks like a bad Mid-Term investment with a projected -5.65% first-year return on $52,230 initial cash invested.

-5.65%

Cash On Cash

5.51%

Cap Rate

0.8

DSCR

$1,533

Rent

-$246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,533 income − $1,779 expenses = $246 out of pocket

Income$1,533Out of Pocket$246Mortgage P&I$93461%Property Taxes$28318%Insurance$413%Management$18412%CapEx$614%Vacancy$463%Maintenance$614%Other$16911%

Investment Breakdown

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Purchase Price

$163k

Downpayment

20.0%

Interest Rate

7.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,230

Downpayment

20%

$32,600

Closing costs

1%

$1,630

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,533

Total Expenses

$1,779

Mortgage P&I

61%

$934

Property Taxes

18%

$283

Home Insurance

3%

$41

HOA

0%

$0

Property Management

12%

$184

CapEx

4%

$61

Vacancy

3%

$46

Maintenance

4%

$61

Other

11%

$169

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