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$1,983 (target)

1927 E Looman Ave, Wichita, KS 67219

3 beds • 2 baths • 1000 sqft

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This property might be a fair Mid-Term investment with a projected 5.56% first-year return on $53,700 initial cash invested.

5.56%

Cash On Cash

9.03%

Cap Rate

1.34

DSCR

$1,983

Rent

$249

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,983 income − $1,734 expenses = $249 cash flow

Income$1,983Mortgage P&I$95148%Property Taxes$503%Insurance$603%Management$23812%CapEx$794%Vacancy$593%Maintenance$794%Other$21811%Cash Flow$249

Investment Breakdown

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Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,700

Downpayment

20%

$34,000

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,983

Total Expenses

$1,734

Mortgage P&I

48%

$951

Property Taxes

3%

$50

Home Insurance

3%

$60

HOA

0%

$0

Property Management

12%

$238

CapEx

4%

$79

Vacancy

3%

$59

Maintenance

4%

$79

Other

11%

$218

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