Wichita, KS
$ 120,000 - Buy & Hold
4.0 bd | 2.0 ba | 2,052 sqft | 1928
IRR
16.21 %
Yield-on-Cost
12.88 %
Cash on Cash
15.00 %
Net Monthly Cashflow
$1,054
Description
Buy & Hold Analysis
- IRR: 16.21 %
- Net Cashflow: $ 9,233
- Rehab Est: $ 75,000
- Cap Rate: 12.73 %
- Monthly Rent: $ 0
- ARV: $ 120,000
- Cash on Cash: 31.38 %
- Taxes: $ 455
Financial Analysis
- Loan Amnt: $ 26,250
- All-in Cost: $ 110,613
- Debt Coverage Ratio: 12.73 %
- Total Out of Pocket: $ 84,363
- Monthly Mortgage: $ 133
Expense Assumptions
- Prop Insurance: $ 960,000
- Vacancy: $ 0
- Prop Mgmt Fee: $ 0
- Maintenance: $ 0
- Capex: $ 0
Financing Assumptions
- Cash Purchase: No
- Loan Term: 360 months
- Down Payment: 25.00 %
- Points: 1.00
- Interest Rate: 4.50 %
- Interest only loan: No
Other Assumptions
- Closing Cost: $ 1,200
- Rental Holding Period: 4