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$2,472 (target)

607 N Wheatland Ave, Wichita, KS 67235

3 beds • 2 baths • 2596 sqft

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This property looks like a bad Mid-Term investment with a projected -6.27% first-year return on $87,090 initial cash invested.

-6.27%

Cash On Cash

4.86%

Cap Rate

0.79

DSCR

$2,472

Rent

-$455

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,472 income − $2,927 expenses = $455 out of pocket

Income$2,472Out of Pocket$455Mortgage P&I$1,68868%Property Taxes$27811%Insurance$1155%HOA$5Management$29712%CapEx$994%Vacancy$743%Maintenance$994%Other$27211%

Investment Breakdown

|

Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,090

Downpayment

20%

$65,800

Closing costs

1%

$3,290

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,472

Total Expenses

$2,927

Mortgage P&I

68%

$1,688

Property Taxes

11%

$278

Home Insurance

5%

$115

HOA

0%

$5

Property Management

12%

$297

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$272

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