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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 -9.88% first-year return on $79,950 initial cash invested.

-9.88%

Cash On Cash

3.69%

Cap Rate

0.62

DSCR

$2,358

Rent

-$658

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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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

$2,358

Total Expenses

$3,016

Mortgage P&I

62%

$1,470

Property Taxes

13%

$311

Home Insurance

4%

$103

HOA

0%

$0

Property Management

15%

$354

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$590

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