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2849 N Arkansas Ave, Wichita, KS 67204

4 beds • 2 baths • 1704 sqft

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This property might be a fair Airbnb investment with a projected 6.61% first-year return on $63,900 initial cash invested.

6.61%

Cash On Cash

9.11%

Cap Rate

1.47

DSCR

$2,803

Rent

$352

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$190k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,900

Downpayment

20%

$38,000

Closing costs

1%

$1,900

Rehab

0%

$0

Furnishing

13%

$24,000

Cashflow

Total Income

$2,803

Total Expenses

$2,451

Mortgage P&I

35%

$978

Property Taxes

2%

$62

Home Insurance

2%

$66

HOA

0%

$0

Property Management

15%

$420

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$701

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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3

2

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2

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3

1

2.1 mi

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3

2

2.08 mi

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$2,500

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4

2

1.3 mi

1255 S Forest Knoll St

$1,100

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2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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