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$1,702 (target)

620 E 16th St, Concordia, KS 66901

3 beds • 2 baths • 1804 sqft

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This property looks like a bad Mid-Term investment with a projected -5.22% first-year return on $57,270 initial cash invested.

-5.22%

Cash On Cash

5.2%

Cap Rate

0.82

DSCR

$1,702

Rent

-$249

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,702 income − $1,951 expenses = $249 out of pocket

Income$1,702Out of Pocket$249Mortgage P&I$99258%Property Taxes$31619%Insurance$654%Management$20412%CapEx$684%Vacancy$513%Maintenance$684%Other$18711%

Investment Breakdown

|

Purchase Price

$187k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,270

Downpayment

20%

$37,400

Closing costs

1%

$1,870

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,702

Total Expenses

$1,951

Mortgage P&I

58%

$992

Property Taxes

19%

$316

Home Insurance

4%

$65

HOA

0%

$0

Property Management

12%

$204

CapEx

4%

$68

Vacancy

3%

$51

Maintenance

4%

$68

Other

11%

$187

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