REI Lense

REI Lense

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$1,479 (target)

911 E Kelly Ave, Augusta, KS 67010

3 beds • 2 baths • 1404 sqft

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This property might be a fair Long-Term investment with a projected 2.74% first-year return on $31,479 initial cash invested.

2.74%

Cash On Cash

7.72%

Cap Rate

1.18

DSCR

$1,479

Rent

$72

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,479 income − $1,407 expenses = $72 cash flow

Income$1,479Mortgage P&I$81855%Property Taxes$15210%Insurance$524%Management$14810%CapEx$745%Vacancy$896%Maintenance$745%Cash Flow$72

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,479

Total Expenses

$1,407

Mortgage P&I

55%

$818

Property Taxes

10%

$152

Home Insurance

4%

$52

HOA

0%

$0

Property Management

10%

$148

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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