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$1,762 (target)

321 E Minneapolis Ave, Salina, KS 67401

3 beds • 3 baths • 1447 sqft

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This property might be a fair Mid-Term investment with a projected 0.37% first-year return on $51,600 initial cash invested.

0.37%

Cash On Cash

7.24%

Cap Rate

1.1

DSCR

$1,762

Rent

$16

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,762 income − $1,746 expenses = $16 cash flow

Income$1,762Mortgage P&I$87950%Property Taxes$21312%Insurance$563%Management$21112%CapEx$704%Vacancy$533%Maintenance$704%Other$19411%Cash Flow$16

Investment Breakdown

|

Purchase Price

$160k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,600

Downpayment

20%

$32,000

Closing costs

1%

$1,600

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,762

Total Expenses

$1,746

Mortgage P&I

50%

$879

Property Taxes

12%

$213

Home Insurance

3%

$56

HOA

0%

$0

Property Management

12%

$211

CapEx

4%

$70

Vacancy

3%

$53

Maintenance

4%

$70

Other

11%

$194

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