REI Lense

REI Lense

Unlock all features! Tap here to upgrade

620 E 16th St, Concordia, KS 66901

3 beds • 2 baths • 1804 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.47% first-year return on $57,270 initial cash invested.

-8.47%

Cash On Cash

4.25%

Cap Rate

0.67

DSCR

$1,865

Rent

-$404

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,865 income − $2,269 expenses = $404 out of pocket

Income$1,865Out of Pocket$404Mortgage P&I$99253%Property Taxes$31617%Insurance$653%Management$28015%CapEx$754%Maintenance$754%Other$46625%

Investment Breakdown

|

Purchase Price

$187k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,270

Downpayment

20%

$37,400

Closing costs

1%

$1,870

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,865

Total Expenses

$2,269

Mortgage P&I

53%

$992

Property Taxes

17%

$316

Home Insurance

3%

$65

HOA

0%

$0

Property Management

15%

$280

CapEx

4%

$75

Vacancy

0%

$0

Maintenance

4%

$75

Other

25%

$466

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis