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2402 Kipling Pl, Hutchinson, KS 67502

3 beds • 2 baths • 2259 sqft

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This property looks like a bad Airbnb investment with a projected -13.49% first-year return on $71,319 initial cash invested.

-13.49%

Cash On Cash

2.58%

Cap Rate

0.43

DSCR

$1,725

Rent

-$802

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,725 income − $2,527 expenses = $802 out of pocket

Income$1,725Out of Pocket$802Mortgage P&I$1,27974%Property Taxes$32919%Insurance$915%Management$25915%CapEx$694%Maintenance$694%Other$43125%

Investment Breakdown

|

Purchase Price

$254k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,319

Downpayment

20%

$50,780

Closing costs

1%

$2,539

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,725

Total Expenses

$2,527

Mortgage P&I

74%

$1,279

Property Taxes

19%

$329

Home Insurance

5%

$91

HOA

0%

$0

Property Management

15%

$259

CapEx

4%

$69

Vacancy

0%

$0

Maintenance

4%

$69

Other

25%

$431

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