REI Lense

REI Lense

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$1,535 (target)

803 Wilderness Dr, McPherson, KS 67460

3 beds • 2 baths • 1452 sqft

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This property could be a profitable Long-Term investment with a projected 28.17% first-year return on $21,000 initial cash invested.

28.17%

Cash On Cash

12.95%

Cap Rate

2.12

DSCR

$1,535

Rent

$493

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,535 income − $1,042 expenses = $493 cash flow

Income$1,535Mortgage P&I$50933%Property Taxes$986%Insurance$352%Management$15410%CapEx$775%Vacancy$926%Maintenance$775%Cash Flow$493

Investment Breakdown

|

Purchase Price

$100,000

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$21,000

Downpayment

20%

$20,000

Closing costs

1%

$1,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,535

Total Expenses

$1,042

Mortgage P&I

33%

$509

Property Taxes

6%

$98

Home Insurance

2%

$35

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

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