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$1,942 (target)

29406 97th Rd, Arkansas City, KS 67005

3 beds • 2 baths • 1620 sqft

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This property could be a profitable Mid-Term investment with a projected 15.5% first-year return on $41,100 initial cash invested.

15.5%

Cash On Cash

13.18%

Cap Rate

2.02

DSCR

$1,942

Rent

$531

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,942 income − $1,411 expenses = $531 cash flow

Income$1,942Mortgage P&I$59931%Property Taxes$1136%Insurance$382%Management$23312%CapEx$784%Vacancy$583%Maintenance$784%Other$21411%Cash Flow$531

Investment Breakdown

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Purchase Price

$110k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,100

Downpayment

20%

$22,000

Closing costs

1%

$1,100

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$1,942

Total Expenses

$1,411

Mortgage P&I

31%

$599

Property Taxes

6%

$113

Home Insurance

2%

$38

HOA

0%

$0

Property Management

12%

$233

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$214

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