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$2,020 (target)

511 Iowa Ave, Pratt, KS 67124

3 beds • 2 baths • 1653 sqft

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This property looks like a bad Mid-Term investment with a projected -3.71% first-year return on $59,790 initial cash invested.

-3.71%

Cash On Cash

5.84%

Cap Rate

0.9

DSCR

$2,020

Rent

-$185

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,020 income − $2,205 expenses = $185 out of pocket

Income$2,020Out of Pocket$185Mortgage P&I$1,07353%Property Taxes$37519%Insurance$703%Management$24212%CapEx$814%Vacancy$613%Maintenance$814%Other$22211%

Investment Breakdown

|

Purchase Price

$199k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,790

Downpayment

20%

$39,800

Closing costs

1%

$1,990

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,020

Total Expenses

$2,205

Mortgage P&I

53%

$1,073

Property Taxes

19%

$375

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$242

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$222

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