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2047 18th Ave, McPherson, KS 67460

3 beds • 3 baths • 2409 sqft

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This property looks like a bad Airbnb investment with a projected -17.94% first-year return on $109k initial cash invested.

-17.94%

Cash On Cash

2.08%

Cap Rate

0.33

DSCR

$2,151

Rent

-$1,635

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,151 income − $3,786 expenses = $1,635 out of pocket

Income$2,151Out of Pocket$1,635Mortgage P&I$2,303107%Property Taxes$29814%Insurance$1527%Management$32315%CapEx$864%Maintenance$864%Other$53825%

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$87,000

Closing costs

1%

$4,350

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,151

Total Expenses

$3,786

Mortgage P&I

107%

$2,303

Property Taxes

14%

$298

Home Insurance

7%

$152

HOA

0%

$0

Property Management

15%

$323

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$538

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