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2048 S Main St, Wichita, KS 67213

2 beds • 1 baths • 784 sqft

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This property looks like a bad Long-Term investment with a projected -2.29% first-year return on $25,200 initial cash invested.

-2.29%

Cash On Cash

6.09%

Cap Rate

1

DSCR

$910

Rent

-$48

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$120k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$25,200

Downpayment

20%

$24,000

Closing costs

1%

$1,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$910

Total Expenses

$958

Mortgage P&I

67%

$611

Property Taxes

7%

$67

Home Insurance

5%

$42

PManagement

10%

$91

CapEx

5%

$46

Vacancy

6%

$55

Maintenance

5%

$46

Other

0%

$0

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