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701 N Spruce St, Wichita, KS 67214

3 beds • 1 baths • 956 sqft

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This property could be a profitable Long-Term investment with a projected 43.95% first-year return on $11,550 initial cash invested.

43.95%

Cash On Cash

16.25%

Cap Rate

2.76

DSCR

$1,040

Rent

$423

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$55,000

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$11,550

Downpayment

20%

$11,000

Closing costs

1%

$550

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,040

Total Expenses

$617

Mortgage P&I

26%

$270

Property Taxes

6%

$58

Home Insurance

2%

$19

HOA

0%

$0

Property Management

10%

$104

CapEx

5%

$52

Vacancy

6%

$62

Maintenance

5%

$52

Other

0%

$0

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