REI Lense

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$1,864 (target)

620 N Duncan St, Newton, KS 67114

3 beds • 2 baths • 2407 sqft

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This property might be a fair Long-Term investment with a projected 4.89% first-year return on $36,309 initial cash invested.

4.89%

Cash On Cash

8.02%

Cap Rate

1.26

DSCR

$1,864

Rent

$148

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,864 income − $1,716 expenses = $148 cash flow

Income$1,864Mortgage P&I$91449%Property Taxes$25714%Insurance$613%Management$18610%CapEx$935%Vacancy$1126%Maintenance$935%Cash Flow$148

Investment Breakdown

|

Purchase Price

$173k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,309

Downpayment

20%

$34,580

Closing costs

1%

$1,729

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,864

Total Expenses

$1,716

Mortgage P&I

49%

$914

Property Taxes

14%

$257

Home Insurance

3%

$61

HOA

0%

$0

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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