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$2,688 (target)

1308 Northcourt Dr, McPherson, KS 67460

3 beds • 2 baths • 2224 sqft

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This property looks like a bad Mid-Term investment with a projected -2.22% first-year return on $74,679 initial cash invested.

-2.22%

Cash On Cash

6.42%

Cap Rate

0.98

DSCR

$2,688

Rent

-$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,688 income − $2,826 expenses = $138 out of pocket

Income$2,688Out of Pocket$138Mortgage P&I$1,47555%Property Taxes$34113%Insurance$943%Management$32312%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29611%

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,679

Downpayment

20%

$53,980

Closing costs

1%

$2,699

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,688

Total Expenses

$2,826

Mortgage P&I

55%

$1,475

Property Taxes

13%

$341

Home Insurance

4%

$94

HOA

0%

$0

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

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