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1602 N Terrace Dr, Wichita, KS 67208

2 beds • 1 baths • 883 sqft

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This property might be a fair Long-Term investment with a projected 1.2% first-year return on $21,000 initial cash invested.

1.2%

Cash On Cash

7.09%

Cap Rate

1.12

DSCR

$850

Rent

$21

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$100,000

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$21,000

Downpayment

20%

$20,000

Closing costs

1%

$1,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$850

Total Expenses

$829

Mortgage P&I

62%

$528

Property Taxes

5%

$46

Home Insurance

4%

$35

PManagement

10%

$85

CapEx

5%

$42

Vacancy

6%

$51

Maintenance

5%

$42

Other

0%

$0

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