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$1,771 (target)

3151 N Somerset Dr, Wichita, KS 67204

3 beds • 3 baths • 3370 sqft

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This property looks like a bad Long-Term investment with a projected -14.29% first-year return on $73,479 initial cash invested.

-14.29%

Cash On Cash

3.45%

Cap Rate

0.56

DSCR

$1,771

Rent

-$875

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,771 income − $2,646 expenses = $875 out of pocket

Income$1,771Out of Pocket$875Mortgage P&I$1,792101%Property Taxes$27115%Insurance$1227%Management$17710%CapEx$895%Vacancy$1066%Maintenance$895%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,771

Total Expenses

$2,646

Mortgage P&I

101%

$1,792

Property Taxes

15%

$271

Home Insurance

7%

$122

HOA

0%

$0

Property Management

10%

$177

CapEx

5%

$89

Vacancy

6%

$106

Maintenance

5%

$89

Other

0%

$0

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