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1108 E 9th St, Newton, KS 67114

3 beds • 2 baths • 1147 sqft

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This property looks like a bad Airbnb investment with a projected -3.53% first-year return on $47,190 initial cash invested.

-3.53%

Cash On Cash

5.99%

Cap Rate

0.91

DSCR

$1,756

Rent

-$139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,756 income − $1,895 expenses = $139 out of pocket

Income$1,756Out of Pocket$139Mortgage P&I$76343%Property Taxes$24114%Insurance$493%Management$26315%CapEx$704%Maintenance$704%Other$43925%

Investment Breakdown

|

Purchase Price

$139k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,190

Downpayment

20%

$27,800

Closing costs

1%

$1,390

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,756

Total Expenses

$1,895

Mortgage P&I

43%

$763

Property Taxes

14%

$241

Home Insurance

3%

$49

HOA

0%

$0

Property Management

15%

$263

CapEx

4%

$70

Vacancy

0%

$0

Maintenance

4%

$70

Other

25%

$439

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