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1204 Ridgewood Dr, Garden City, KS 67846

3 beds • 2 baths • 1382 sqft

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This property looks like a bad Airbnb investment with a projected -4.01% first-year return on $65,859 initial cash invested.

-4.01%

Cash On Cash

5.79%

Cap Rate

0.91

DSCR

$2,772

Rent

-$220

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,772 income − $2,992 expenses = $220 out of pocket

Income$2,772Out of Pocket$220Mortgage P&I$1,20844%Property Taxes$37113%Insurance$823%Management$41615%CapEx$1114%Maintenance$1114%Other$69325%

Investment Breakdown

|

Purchase Price

$228k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,859

Downpayment

20%

$45,580

Closing costs

1%

$2,279

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,772

Total Expenses

$2,992

Mortgage P&I

44%

$1,208

Property Taxes

13%

$371

Home Insurance

3%

$82

HOA

0%

$0

Property Management

15%

$416

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$693

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