REI Lense

REI Lense

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$1,478 (target)

9 Deveron Rd, Winfield, KS 67156

3 beds • 2 baths • 1380 sqft

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This property looks like a bad Long-Term investment with a projected -7.32% first-year return on $41,790 initial cash invested.

-7.32%

Cash On Cash

5.27%

Cap Rate

0.83

DSCR

$1,478

Rent

-$255

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,478 income − $1,733 expenses = $255 out of pocket

Income$1,478Out of Pocket$255Mortgage P&I$1,05571%Property Taxes$22315%Insurance$705%Management$14810%CapEx$745%Vacancy$896%Maintenance$745%

Investment Breakdown

|

Purchase Price

$199k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,790

Downpayment

20%

$39,800

Closing costs

1%

$1,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,478

Total Expenses

$1,733

Mortgage P&I

71%

$1,055

Property Taxes

15%

$223

Home Insurance

5%

$70

HOA

0%

$0

Property Management

10%

$148

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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