REI Lense

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$1,434 (target)

700 N Hartup St, McPherson, KS 67460

3 beds • 2 baths • 1726 sqft

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This property looks like a bad Long-Term investment with a projected -18.06% first-year return on $56,280 initial cash invested.

-18.06%

Cash On Cash

2.54%

Cap Rate

0.42

DSCR

$1,434

Rent

-$847

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,434 income − $2,281 expenses = $847 out of pocket

Income$1,434Out of Pocket$847Mortgage P&I$1,34294%Property Taxes$47233%Insurance$947%Management$14310%CapEx$725%Vacancy$866%Maintenance$725%

Investment Breakdown

|

Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,280

Downpayment

20%

$53,600

Closing costs

1%

$2,680

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,434

Total Expenses

$2,281

Mortgage P&I

94%

$1,342

Property Taxes

33%

$472

Home Insurance

7%

$94

HOA

0%

$0

Property Management

10%

$143

CapEx

5%

$72

Vacancy

6%

$86

Maintenance

5%

$72

Other

0%

$0

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