REI Lense

REI Lense

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$1,139 (target)

902 Circle Dr, Arkansas City, KS 67005

3 beds • 2 baths • 1980 sqft

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This property looks like a bad Long-Term investment with a projected -11.39% first-year return on $33,726 initial cash invested.

-11.39%

Cash On Cash

4.51%

Cap Rate

0.7

DSCR

$1,139

Rent

-$320

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,139 income − $1,459 expenses = $320 out of pocket

Income$1,139Out of Pocket$320Mortgage P&I$86676%Property Taxes$23421%Insurance$636%Management$11410%CapEx$575%Vacancy$686%Maintenance$575%

Investment Breakdown

|

Purchase Price

$161k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,726

Downpayment

20%

$32,120

Closing costs

1%

$1,606

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,139

Total Expenses

$1,459

Mortgage P&I

76%

$866

Property Taxes

21%

$234

Home Insurance

6%

$63

HOA

0%

$0

Property Management

10%

$114

CapEx

5%

$57

Vacancy

6%

$68

Maintenance

5%

$57

Other

0%

$0

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