REI Lense

REI Lense

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$1,540 (target)

706 W Ash St, Salina, KS 67401

3 beds • 2 baths • 2233 sqft

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This property looks like a bad Long-Term investment with a projected -0.57% first-year return on $39,900 initial cash invested.

-0.57%

Cash On Cash

6.83%

Cap Rate

1.06

DSCR

$1,540

Rent

-$19

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,540 income − $1,559 expenses = $19 out of pocket

Income$1,540Out of Pocket$19Mortgage P&I$1,02466%Property Taxes$694%Insurance$664%Management$15410%CapEx$775%Vacancy$926%Maintenance$775%

Investment Breakdown

|

Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,900

Downpayment

20%

$38,000

Closing costs

1%

$1,900

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,540

Total Expenses

$1,559

Mortgage P&I

66%

$1,024

Property Taxes

4%

$69

Home Insurance

4%

$66

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

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