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$2,751 (target)

2205 N 7th St, Garden City, KS 67846

3 beds • 2 baths • 1947 sqft

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This property might be a fair Mid-Term investment with a projected 2.91% first-year return on $66,300 initial cash invested.

2.91%

Cash On Cash

7.87%

Cap Rate

1.22

DSCR

$2,751

Rent

$161

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,751 income − $2,590 expenses = $161 cash flow

Income$2,751Mortgage P&I$1,23745%Property Taxes$33712%Insurance$803%Management$33012%CapEx$1104%Vacancy$833%Maintenance$1104%Other$30311%Cash Flow$161

Investment Breakdown

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Purchase Price

$230k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,300

Downpayment

20%

$46,000

Closing costs

1%

$2,300

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,751

Total Expenses

$2,590

Mortgage P&I

45%

$1,237

Property Taxes

12%

$337

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$330

CapEx

4%

$110

Vacancy

3%

$83

Maintenance

4%

$110

Other

11%

$303

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