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2618 N Athenian Ave, Wichita, KS 67204

3 beds • 2 baths • 2024 sqft

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This property looks like a bad Airbnb investment with a projected -17.91% first-year return on $62,100 initial cash invested.

-17.91%

Cash On Cash

1.53%

Cap Rate

0.23

DSCR

$1,034

Rent

-$927

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,034 income − $1,961 expenses = $927 out of pocket

Income$1,034Out of Pocket$927Mortgage P&I$1,153112%Property Taxes$23923%Insurance$747%Management$15515%CapEx$414%Maintenance$414%Other$25825%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,100

Downpayment

20%

$42,000

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,034

Total Expenses

$1,961

Mortgage P&I

112%

$1,153

Property Taxes

23%

$239

Home Insurance

7%

$74

HOA

0%

$0

Property Management

15%

$155

CapEx

4%

$41

Vacancy

0%

$0

Maintenance

4%

$41

Other

25%

$258

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