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419 Northfield Rd, Manhattan, KS 66502

4 beds • 2 baths • 1510 sqft

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This property looks like a bad Long-Term investment with a projected -14.78% first-year return on $61,950 initial cash invested.

-14.78%

Cash On Cash

3.19%

Cap Rate

0.54

DSCR

$1,750

Rent

-$763

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,750

Total Expenses

$2,513

Mortgage P&I

83%

$1,458

Property Taxes

27%

$481

Home Insurance

6%

$103

HOA

1%

$15

Property Management

10%

$175

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

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2

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2

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2

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4

2

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1.7 mi

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4

2

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

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$2,850

5

4

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0.6 mi

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$1,100

2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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