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$2,410 (target)

1111 N Main St, Newton, KS 67114

3 beds • 2 baths • 2455 sqft

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This property could be a profitable Mid-Term investment with a projected 19.35% first-year return on $44,775 initial cash invested.

19.35%

Cash On Cash

14.25%

Cap Rate

2.18

DSCR

$2,410

Rent

$722

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,410 income − $1,688 expenses = $722 cash flow

Income$2,410Mortgage P&I$69629%Property Taxes$1295%Insurance$452%Management$28912%CapEx$964%Vacancy$723%Maintenance$964%Other$26511%Cash Flow$722

Investment Breakdown

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Purchase Price

$128k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,775

Downpayment

20%

$25,500

Closing costs

1%

$1,275

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,410

Total Expenses

$1,688

Mortgage P&I

29%

$696

Property Taxes

5%

$129

Home Insurance

2%

$45

HOA

0%

$0

Property Management

12%

$289

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$265

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