REI Lense

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$1,478 (target)

627 S Poplar St, Newton, KS 67114

3 beds • 2 baths • 1786 sqft

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This property looks like a bad Long-Term investment with a projected -9.17% first-year return on $42,000 initial cash invested.

-9.17%

Cash On Cash

4.65%

Cap Rate

0.76

DSCR

$1,478

Rent

-$321

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,478 income − $1,799 expenses = $321 out of pocket

Income$1,478Out of Pocket$321Mortgage P&I$1,02269%Property Taxes$32222%Insurance$705%Management$14810%CapEx$745%Vacancy$896%Maintenance$745%

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,000

Downpayment

20%

$40,000

Closing costs

1%

$2,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,478

Total Expenses

$1,799

Mortgage P&I

69%

$1,022

Property Taxes

22%

$322

Home Insurance

5%

$70

HOA

0%

$0

Property Management

10%

$148

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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