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$2,942 (target)

1212 S Nineiron St, Wichita, KS 67235

3 beds • 3 baths • 2585 sqft

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This property looks like a bad Mid-Term investment with a projected -14.75% first-year return on $128k initial cash invested.

-14.75%

Cash On Cash

2.67%

Cap Rate

0.45

DSCR

$2,942

Rent

-$1,576

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,942 income − $4,518 expenses = $1,576 out of pocket

Income$2,942Out of Pocket$1,576Mortgage P&I$2,62889%Property Taxes$48316%Insurance$1846%HOA$2228%Management$35312%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32411%

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,942

Total Expenses

$4,518

Mortgage P&I

89%

$2,628

Property Taxes

16%

$483

Home Insurance

6%

$184

HOA

8%

$222

Property Management

12%

$353

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

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