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$1,923 (target)

401 N 1st St, Arkansas City, KS 67005

3 beds • 2 baths • 1355 sqft

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This property could be a profitable Mid-Term investment with a projected 48.52% first-year return on $25,350 initial cash invested.

48.52%

Cash On Cash

43.89%

Cap Rate

7.19

DSCR

$1,923

Rent

$1,025

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,923 income − $898 expenses = $1,025 cash flow

Income$1,923Mortgage P&I$1789%Property Taxes$533%Insurance$121%Management$23112%CapEx$774%Vacancy$583%Maintenance$774%Other$21211%Cash Flow$1,025

Investment Breakdown

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Purchase Price

$35,000

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$25,350

Downpayment

20%

$7,000

Closing costs

1%

$350

Rehab

0%

$0

Furnishing

51%

$18,000

Cashflow

Total Income

$1,923

Total Expenses

$898

Mortgage P&I

9%

$178

Property Taxes

3%

$53

Home Insurance

1%

$12

HOA

0%

$0

Property Management

12%

$231

CapEx

4%

$77

Vacancy

3%

$58

Maintenance

4%

$77

Other

11%

$212

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