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2264 N Lakeway Cir, Wichita, KS 67205

3 beds • 3 baths • 2246 sqft

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This property looks like a bad Airbnb investment with a projected -3.58% first-year return on $77,829 initial cash invested.

-3.58%

Cash On Cash

6.33%

Cap Rate

0.95

DSCR

$3,620

Rent

-$232

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,620 income − $3,852 expenses = $232 out of pocket

Income$3,620Out of Pocket$232Mortgage P&I$1,58944%Property Taxes$2758%Insurance$1003%HOA$1504%Management$54315%CapEx$1454%Maintenance$1454%Other$90525%

Investment Breakdown

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Purchase Price

$285k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,829

Downpayment

20%

$56,980

Closing costs

1%

$2,849

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,620

Total Expenses

$3,852

Mortgage P&I

44%

$1,589

Property Taxes

8%

$275

Home Insurance

3%

$100

HOA

4%

$150

Property Management

15%

$543

CapEx

4%

$145

Vacancy

0%

$0

Maintenance

4%

$145

Other

25%

$905

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