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1838 N Minnesota Ave, Wichita, KS 67214

2 beds • 1 baths • 807 sqft

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This property could be a profitable Long-Term investment with a projected 30.09% first-year return on $11,445 initial cash invested.

30.09%

Cash On Cash

13.26%

Cap Rate

2.19

DSCR

$810

Rent

$287

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$54,500

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$11,445

Downpayment

20%

$10,900

Closing costs

1%

$545

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$810

Total Expenses

$523

Mortgage P&I

34%

$275

Property Taxes

3%

$24

Home Insurance

2%

$14

PManagement

10%

$81

CapEx

5%

$40

Vacancy

6%

$49

Maintenance

5%

$40

Other

0%

$0

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