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2047 18th Ave, McPherson, KS 67460

3 beds • 3 baths • 2409 sqft

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This property looks like a bad Airbnb investment with a projected -18.15% first-year return on $109k initial cash invested.

-18.15%

Cash On Cash

2.02%

Cap Rate

0.32

DSCR

$2,112

Rent

-$1,654

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,112 income − $3,766 expenses = $1,654 out of pocket

Income$2,112Out of Pocket$1,654Mortgage P&I$2,303109%Property Taxes$29814%Insurance$1527%Management$31715%CapEx$844%Maintenance$844%Other$52825%

Investment Breakdown

|

Purchase Price

$435k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$87,000

Closing costs

1%

$4,350

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,112

Total Expenses

$3,766

Mortgage P&I

109%

$2,303

Property Taxes

14%

$298

Home Insurance

7%

$152

HOA

0%

$0

Property Management

15%

$317

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$528

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