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1138 N Sheridan St, Wichita, KS 67203

3 beds • 2 baths • 1436 sqft

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This property looks like a bad Airbnb investment with a projected -0.81% first-year return on $69,450 initial cash invested.

-0.81%

Cash On Cash

6.85%

Cap Rate

1.05

DSCR

$2,921

Rent

-$47

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,921 income − $2,968 expenses = $47 out of pocket

Income$2,921Out of Pocket$47Mortgage P&I$1,32945%Property Taxes$1515%Insurance$863%Management$43815%CapEx$1174%Maintenance$1174%Other$73025%

Investment Breakdown

|

Purchase Price

$245k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,450

Downpayment

20%

$49,000

Closing costs

1%

$2,450

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,921

Total Expenses

$2,968

Mortgage P&I

46%

$1,329

Property Taxes

5%

$151

Home Insurance

3%

$86

HOA

0%

$0

Property Management

15%

$438

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$730

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