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2624 E Clover Ln, Wichita, KS 67216

3 beds • 2 baths • 1925 sqft

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This property looks like a bad Airbnb investment with a projected -6.45% first-year return on $49,500 initial cash invested.

-6.45%

Cash On Cash

5.27%

Cap Rate

0.77

DSCR

$1,615

Rent

-$266

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,615 income − $1,881 expenses = $266 out of pocket

Income$1,615Out of Pocket$266Mortgage P&I$86053%Property Taxes$19312%Insurance$523%Management$24215%CapEx$654%Maintenance$654%Other$40425%

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,615

Total Expenses

$1,881

Mortgage P&I

53%

$860

Property Taxes

12%

$193

Home Insurance

3%

$52

HOA

0%

$0

Property Management

15%

$242

CapEx

4%

$65

Vacancy

0%

$0

Maintenance

4%

$65

Other

25%

$404

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