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1947 E Marion Rd, Wichita, KS 67216

3 beds • 2 baths • 3179 sqft

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This property looks like a bad Long-Term investment with a projected -8.29% first-year return on $49,350 initial cash invested.

-8.29%

Cash On Cash

4.5%

Cap Rate

0.77

DSCR

$1,450

Rent

-$341

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,450

Total Expenses

$1,791

Mortgage P&I

79%

$1,150

Property Taxes

13%

$183

Home Insurance

6%

$82

HOA

0%

$0

Property Management

10%

$145

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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