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$1,863 (target)

1838 N Green St, Wichita, KS 67214

3 beds • 2 baths • 1520 sqft

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This property might be a fair Mid-Term investment with a projected 5.37% first-year return on $51,390 initial cash invested.

5.37%

Cash On Cash

8.69%

Cap Rate

1.36

DSCR

$1,863

Rent

$230

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,863 income − $1,633 expenses = $230 cash flow

Income$1,863Mortgage P&I$84645%Property Taxes$965%Insurance$563%Management$22412%CapEx$754%Vacancy$563%Maintenance$754%Other$20511%Cash Flow$230

Investment Breakdown

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Purchase Price

$159k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,390

Downpayment

20%

$31,800

Closing costs

1%

$1,590

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,863

Total Expenses

$1,633

Mortgage P&I

45%

$846

Property Taxes

5%

$96

Home Insurance

3%

$56

HOA

0%

$0

Property Management

12%

$224

CapEx

4%

$75

Vacancy

3%

$56

Maintenance

4%

$75

Other

11%

$205

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