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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 -1.4% first-year return on $64,095 initial cash invested.

-1.4%

Cash On Cash

6.51%

Cap Rate

1.03

DSCR

$2,662

Rent

-$75

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,662 income − $2,737 expenses = $75 out of pocket

Income$2,662Out of Pocket$75Mortgage P&I$1,16044%Property Taxes$2238%Insurance$773%Management$39915%CapEx$1064%Maintenance$1064%Other$66625%

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

$2,662

Total Expenses

$2,737

Mortgage P&I

44%

$1,160

Property Taxes

8%

$223

Home Insurance

3%

$77

HOA

0%

$0

Property Management

15%

$399

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$666

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