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$3,948 (target)

2114 Idlewild Way, Garden City, KS 67846

3 beds • 3 baths • 1535 sqft

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This property looks like a bad Mid-Term investment with a projected -6.29% first-year return on $115k initial cash invested.

-6.29%

Cash On Cash

5.12%

Cap Rate

0.82

DSCR

$3,948

Rent

-$605

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,948 income − $4,553 expenses = $605 out of pocket

Income$3,948Out of Pocket$605Mortgage P&I$2,42561%Property Taxes$62416%Insurance$1624%Management$47412%CapEx$1584%Vacancy$1183%Maintenance$1584%Other$43411%

Investment Breakdown

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Purchase Price

$464k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,760

Closing costs

1%

$4,638

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,948

Total Expenses

$4,553

Mortgage P&I

61%

$2,425

Property Taxes

16%

$624

Home Insurance

4%

$162

HOA

0%

$0

Property Management

12%

$474

CapEx

4%

$158

Vacancy

3%

$118

Maintenance

4%

$158

Other

11%

$434

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