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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 Long-Term investment with a projected 1.2% first-year return on $39,900 initial cash invested.

1.2%

Cash On Cash

6.92%

Cap Rate

1.12

DSCR

$1,550

Rent

$40

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

$39,900

Downpayment

20%

$38,000

Closing costs

1%

$1,900

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,550

Total Expenses

$1,510

Mortgage P&I

63%

$978

Property Taxes

4%

$62

Home Insurance

4%

$66

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

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