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


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