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501 Old Main St, Newton, KS 67114

3 beds • 2 baths • 1742 sqft

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This property looks like a bad Airbnb investment with a projected -6.23% first-year return on $47,400 initial cash invested.

-6.23%

Cash On Cash

4.83%

Cap Rate

0.75

DSCR

$1,368

Rent

-$246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,368 income − $1,614 expenses = $246 out of pocket

Income$1,368Out of Pocket$246Mortgage P&I$75555%Property Taxes$15311%Insurance$494%Management$20515%CapEx$554%Maintenance$554%Other$34225%

Investment Breakdown

|

Purchase Price

$140k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,400

Downpayment

20%

$28,000

Closing costs

1%

$1,400

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,368

Total Expenses

$1,614

Mortgage P&I

55%

$755

Property Taxes

11%

$153

Home Insurance

4%

$49

HOA

0%

$0

Property Management

15%

$205

CapEx

4%

$55

Vacancy

0%

$0

Maintenance

4%

$55

Other

25%

$342

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