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2242 N Piatt St, Wichita, KS 67219

3 beds • 1 baths • 1110 sqft

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This property could be a profitable Long-Term investment with a projected 28.73% first-year return on $14,700 initial cash invested.

28.73%

Cash On Cash

13.17%

Cap Rate

2.11

DSCR

$1,040

Rent

$352

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$70,000

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$14,700

Downpayment

20%

$14,000

Closing costs

1%

$700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,040

Total Expenses

$688

Mortgage P&I

35%

$364

Property Taxes

3%

$30

Home Insurance

2%

$24

PManagement

10%

$104

CapEx

5%

$52

Vacancy

6%

$62

Maintenance

5%

$52

Other

0%

$0

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