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$1,943 (target)

1709 W Neil St, Garden City, KS 67846

3 beds • 2 baths • 960 sqft

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This property looks like a bad Long-Term investment with a projected -4.4% first-year return on $50,148 initial cash invested.

-4.4%

Cash On Cash

5.82%

Cap Rate

0.93

DSCR

$1,943

Rent

-$184

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,943 income − $2,127 expenses = $184 out of pocket

Income$1,943Out of Pocket$184Mortgage P&I$1,24664%Property Taxes$29015%Insurance$864%Management$19410%CapEx$975%Vacancy$1176%Maintenance$975%

Investment Breakdown

|

Purchase Price

$239k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,148

Downpayment

20%

$47,760

Closing costs

1%

$2,388

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,943

Total Expenses

$2,127

Mortgage P&I

64%

$1,246

Property Taxes

15%

$290

Home Insurance

4%

$86

HOA

0%

$0

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$117

Maintenance

5%

$97

Other

0%

$0

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