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$2,049 (target)

30199 93rd Dr, Arkansas City, KS 67005

3 beds • 2 baths • 2210 sqft

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This property looks like a bad Mid-Term investment with a projected -5.42% first-year return on $80,979 initial cash invested.

-5.42%

Cash On Cash

4.76%

Cap Rate

0.81

DSCR

$2,049

Rent

-$366

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,049 income − $2,415 expenses = $366 out of pocket

Income$2,049Out of Pocket$366Mortgage P&I$1,47372%Property Taxes$1417%Insurance$1055%Management$24612%CapEx$824%Vacancy$613%Maintenance$824%Other$22511%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,049

Total Expenses

$2,415

Mortgage P&I

72%

$1,473

Property Taxes

7%

$141

Home Insurance

5%

$105

HOA

0%

$0

Property Management

12%

$246

CapEx

4%

$82

Vacancy

3%

$61

Maintenance

4%

$82

Other

11%

$225

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