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1428 Homestead Pl, McPherson, KS 67460

3 beds • 2 baths • 2380 sqft

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This property looks like a bad Airbnb investment with a projected -10.73% first-year return on $79,950 initial cash invested.

-10.73%

Cash On Cash

3.44%

Cap Rate

0.57

DSCR

$2,248

Rent

-$715

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,248 income − $2,963 expenses = $715 out of pocket

Income$2,248Out of Pocket$715Mortgage P&I$1,47065%Property Taxes$31114%Insurance$1035%Management$33715%CapEx$904%Maintenance$904%Other$56225%

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,248

Total Expenses

$2,963

Mortgage P&I

65%

$1,470

Property Taxes

14%

$311

Home Insurance

5%

$103

HOA

0%

$0

Property Management

15%

$337

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$562

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