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1212 S Nineiron St, Wichita, KS 67235

3 beds • 3 baths • 2585 sqft

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This property looks like a bad Airbnb investment with a projected -18.91% first-year return on $128k initial cash invested.

-18.91%

Cash On Cash

1.65%

Cap Rate

0.27

DSCR

$2,876

Rent

-$2,021

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,876 income − $4,897 expenses = $2,021 out of pocket

Income$2,876Out of Pocket$2,021Mortgage P&I$2,62891%Property Taxes$48317%Insurance$1846%HOA$2228%Management$43115%CapEx$1154%Maintenance$1154%Other$71925%

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

$2,876

Total Expenses

$4,897

Mortgage P&I

91%

$2,628

Property Taxes

17%

$483

Home Insurance

6%

$184

HOA

8%

$222

Property Management

15%

$431

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$719

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