REI Lense

REI Lense

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$1,137 (target)

906 W 10th St, Pratt, KS 67124

3 beds • 2 baths • 1280 sqft

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This property looks like a bad Long-Term investment with a projected -11.16% first-year return on $35,385 initial cash invested.

-11.16%

Cash On Cash

4.41%

Cap Rate

0.69

DSCR

$1,137

Rent

-$329

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,137 income − $1,466 expenses = $329 out of pocket

Income$1,137Out of Pocket$329Mortgage P&I$89178%Property Taxes$22019%Insurance$595%Management$11410%CapEx$575%Vacancy$686%Maintenance$575%

Investment Breakdown

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Purchase Price

$169k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,385

Downpayment

20%

$33,700

Closing costs

1%

$1,685

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,137

Total Expenses

$1,466

Mortgage P&I

78%

$891

Property Taxes

19%

$220

Home Insurance

5%

$59

HOA

0%

$0

Property Management

10%

$114

CapEx

5%

$57

Vacancy

6%

$68

Maintenance

5%

$57

Other

0%

$0

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