Wichita, KS


$ 99,500 - Buy & Hold

2.0 bd | 1.0 ba | 1,140 sqft | 1921 yr | $ 900 Rent

IRR
74.84 %
Yield-on-Cost
18.18 %
Cash on Cash
52.12 %
Net Monthly Cashflow
$465

Description

Fantastic potential with this Arts and Crafts home with amazing moldings, arches, built ins, and hardwood floors! Great buy and hold rental or potential flip.


Buy & Hold Analysis

  • ARV: $88,082
  • Yield-on-Cost: 18.18 %
  • Net Monthly Cashflow: $465
  • Monthly Rent: $900

Financial Analysis

  • Loan Amnt: $ 30,000.00
  • All-in Cost: $ 40,700.00
  • Debt Coverage Ratio: 4.06 %
  • Total Out of Pocket: $ 10,700.00
  • Monthly Mortgage: $ 152.01

Expense Assumptions

  • Prop Insurance: $800
  • Prop Mgmt Fee: $1,026
  • Vacancy: $540
  • Capex: $0

Financing Assumptions

  • Down Payment: $10,000
  • Interest Rate: 4.50 %
  • Loan Term Months: 360.00
  • Points: $300

Other Assumptions

  • Closing Cost: $ 400
  • Rental Holding Period: 4.00


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