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$3,088 (target)

411 N Clifton Ave, Wichita, KS 67208

3 beds • 2 baths • 1972 sqft

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This property might be a fair Mid-Term investment with a projected 6.92% first-year return on $70,080 initial cash invested.

6.92%

Cash On Cash

8.9%

Cap Rate

1.4

DSCR

$3,088

Rent

$404

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,088 income − $2,684 expenses = $404 cash flow

Income$3,088Mortgage P&I$1,31242%Property Taxes$2338%Insurance$873%Management$37112%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34011%Cash Flow$404

Investment Breakdown

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Purchase Price

$248k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,080

Downpayment

20%

$49,600

Closing costs

1%

$2,480

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,088

Total Expenses

$2,684

Mortgage P&I

42%

$1,312

Property Taxes

8%

$233

Home Insurance

3%

$87

HOA

0%

$0

Property Management

12%

$371

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$340

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