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$1,916 (target)

713 W South St, Salina, KS 67401

3 beds • 2 baths • 2521 sqft

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This property could be a profitable Mid-Term investment with a projected 11.98% first-year return on $44,985 initial cash invested.

11.98%

Cash On Cash

11.06%

Cap Rate

1.8

DSCR

$1,916

Rent

$449

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,916 income − $1,467 expenses = $449 cash flow

Income$1,916Mortgage P&I$65834%Property Taxes$1196%Insurance$382%Management$23012%CapEx$774%Vacancy$573%Maintenance$774%Other$21111%Cash Flow$449

Investment Breakdown

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Purchase Price

$129k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,985

Downpayment

20%

$25,700

Closing costs

1%

$1,285

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$1,916

Total Expenses

$1,467

Mortgage P&I

34%

$658

Property Taxes

6%

$119

Home Insurance

2%

$38

HOA

0%

$0

Property Management

12%

$230

CapEx

4%

$77

Vacancy

3%

$57

Maintenance

4%

$77

Other

11%

$211

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