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$2,337 (target)

513 S 1st Ave, Mulvane, KS 67110

3 beds • 2 baths • 1387 sqft

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This property might be a fair Mid-Term investment with a projected 0.64% first-year return on $64,200 initial cash invested.

0.64%

Cash On Cash

7.04%

Cap Rate

1.11

DSCR

$2,337

Rent

$34

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,337 income − $2,303 expenses = $34 cash flow

Income$2,337Mortgage P&I$1,16450%Property Taxes$26912%Insurance$773%Management$28012%CapEx$934%Vacancy$703%Maintenance$934%Other$25711%Cash Flow$34

Investment Breakdown

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Purchase Price

$220k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,200

Downpayment

20%

$44,000

Closing costs

1%

$2,200

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,337

Total Expenses

$2,303

Mortgage P&I

50%

$1,164

Property Taxes

12%

$269

Home Insurance

3%

$77

HOA

0%

$0

Property Management

12%

$280

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$257

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