REI Lense

REI Lense

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$1,282 (target)

818 S Lafayette Ave, Chanute, KS 66720

3 beds • 2 baths • 1540 sqft

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This property might be a fair Long-Term investment with a projected 4.65% first-year return on $29,190 initial cash invested.

4.65%

Cash On Cash

7.62%

Cap Rate

1.25

DSCR

$1,282

Rent

$113

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,282 income − $1,169 expenses = $113 cash flow

Income$1,282Mortgage P&I$70655%Property Taxes$816%Insurance$494%Management$12810%CapEx$645%Vacancy$776%Maintenance$645%Cash Flow$113

Investment Breakdown

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Purchase Price

$139k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,190

Downpayment

20%

$27,800

Closing costs

1%

$1,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,282

Total Expenses

$1,169

Mortgage P&I

55%

$706

Property Taxes

6%

$81

Home Insurance

4%

$49

HOA

0%

$0

Property Management

10%

$128

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

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