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$2,150 (target)

119 E 7th St, Concordia, KS 66901

3 beds • 2 baths • 1855 sqft

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This property could be a profitable Mid-Term investment with a projected 10.47% first-year return on $46,980 initial cash invested.

10.47%

Cash On Cash

10.55%

Cap Rate

1.69

DSCR

$2,150

Rent

$410

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,150 income − $1,740 expenses = $410 cash flow

Income$2,150Mortgage P&I$71733%Property Taxes$24511%Insurance$482%Management$25812%CapEx$864%Vacancy$643%Maintenance$864%Other$23611%Cash Flow$410

Investment Breakdown

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Purchase Price

$138k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,980

Downpayment

20%

$27,600

Closing costs

1%

$1,380

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,150

Total Expenses

$1,740

Mortgage P&I

33%

$717

Property Taxes

11%

$245

Home Insurance

2%

$48

HOA

0%

$0

Property Management

12%

$258

CapEx

4%

$86

Vacancy

3%

$64

Maintenance

4%

$86

Other

11%

$236

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