REI Lense

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$4,023 (target)

7524 Grand Ave, Kansas City, MO 64114

3 beds • 2 baths • 1908 sqft

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This property might be a fair Mid-Term investment with a projected 6.95% first-year return on $87,678 initial cash invested.

6.95%

Cash On Cash

8.65%

Cap Rate

1.39

DSCR

$4,023

Rent

$508

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,023 income − $3,515 expenses = $508 cash flow

Income$4,023Mortgage P&I$1,72343%Property Taxes$2817%Insurance$1424%Management$48312%CapEx$1614%Vacancy$1213%Maintenance$1614%Other$44311%Cash Flow$508

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,678

Downpayment

20%

$66,360

Closing costs

1%

$3,318

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,023

Total Expenses

$3,515

Mortgage P&I

43%

$1,723

Property Taxes

7%

$281

Home Insurance

4%

$142

HOA

0%

$0

Property Management

12%

$483

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$443

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