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1700 S Water St, Wichita, KS 67213

3 beds • 2 baths • 1170 sqft

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This property might be a fair Airbnb investment with a projected 2.42% first-year return on $49,500 initial cash invested.

2.42%

Cash On Cash

7.94%

Cap Rate

1.23

DSCR

$2,101

Rent

$100

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,101 income − $2,001 expenses = $100 cash flow

Income$2,101Mortgage P&I$80838%Property Taxes$1336%Insurance$522%Management$31515%CapEx$844%Maintenance$844%Other$52525%Cash Flow$100

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,101

Total Expenses

$2,001

Mortgage P&I

38%

$808

Property Taxes

6%

$133

Home Insurance

2%

$52

HOA

0%

$0

Property Management

15%

$315

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$525

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