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4505 S Richmond Cir, Wichita, KS 67217

3 beds • 2 baths • 1570 sqft

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This property looks like a bad Airbnb investment with a projected -4.53% first-year return on $73,650 initial cash invested.

-4.53%

Cash On Cash

5.04%

Cap Rate

0.86

DSCR

$2,547

Rent

-$278

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,547 income − $2,825 expenses = $278 out of pocket

Income$2,547Out of Pocket$278Mortgage P&I$1,28951%Property Taxes$2209%Insurance$934%Management$38215%CapEx$1024%Maintenance$1024%Other$63725%

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,547

Total Expenses

$2,825

Mortgage P&I

51%

$1,289

Property Taxes

9%

$220

Home Insurance

4%

$93

HOA

0%

$0

Property Management

15%

$382

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$637

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