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809 Gillespie Dr, Manhattan, KS 66502

4 beds • 3 baths • 2718 sqft

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This property looks like a bad Airbnb investment with a projected -0.41% first-year return on $93,300 initial cash invested.

-0.41%

Cash On Cash

6.41%

Cap Rate

1.08

DSCR

$4,122

Rent

-$32

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,300

Downpayment

20%

$66,000

Closing costs

1%

$3,300

Rehab

0%

$0

Furnishing

7%

$24,000

Cashflow

Total Income

$4,122

Total Expenses

$4,154

Mortgage P&I

40%

$1,631

Property Taxes

10%

$429

Home Insurance

3%

$116

HOA

0%

$0

Property Management

15%

$618

CapEx

4%

$165

Vacancy

0%

$0

Maintenance

4%

$165

Other

25%

$1,030

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