REI Lense

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$2,217 (target)

627 S Poplar St, Newton, KS 67114

3 beds • 2 baths • 1786 sqft

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This property might be a fair Mid-Term investment with a projected 0.96% first-year return on $60,000 initial cash invested.

0.96%

Cash On Cash

6.95%

Cap Rate

1.13

DSCR

$2,217

Rent

$48

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,217 income − $2,169 expenses = $48 cash flow

Income$2,217Mortgage P&I$1,02246%Property Taxes$32215%Insurance$703%Management$26612%CapEx$894%Vacancy$673%Maintenance$894%Other$24411%Cash Flow$48

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,000

Downpayment

20%

$40,000

Closing costs

1%

$2,000

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,217

Total Expenses

$2,169

Mortgage P&I

46%

$1,022

Property Taxes

15%

$322

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$266

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$244

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