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2061 Mission Rd, Salina, KS 67401

3 beds • 2 baths • 1296 sqft

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This property looks like a bad Airbnb investment with a projected -6.05% first-year return on $64,095 initial cash invested.

-6.05%

Cash On Cash

5.06%

Cap Rate

0.8

DSCR

$2,188

Rent

-$323

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,188 income − $2,511 expenses = $323 out of pocket

Income$2,188Out of Pocket$323Mortgage P&I$1,16053%Property Taxes$22310%Insurance$774%Management$32815%CapEx$884%Maintenance$884%Other$54725%

Investment Breakdown

|

Purchase Price

$220k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,095

Downpayment

20%

$43,900

Closing costs

1%

$2,195

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,188

Total Expenses

$2,511

Mortgage P&I

53%

$1,160

Property Taxes

10%

$223

Home Insurance

4%

$77

HOA

0%

$0

Property Management

15%

$328

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$547

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