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1511 N Erie Ave, Wichita, KS 67214

3 beds • 1 baths • 952 sqft

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This property could be a profitable Long-Term investment with a projected 21.94% first-year return on $15,750 initial cash invested.

21.94%

Cash On Cash

11.74%

Cap Rate

$990

Rent

$288

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$75,000

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$15,750

Downpayment

20%

$15,000

Closing costs

1%

$750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$990

Total Expenses

$702

Mortgage P&I

40%

$396

Property Taxes

2%

$22

Home Insurance

3%

$26

PManagement

10%

$99

CapEx

5%

$50

Vacancy

6%

$59

Maintenance

5%

$50

Other

0%

$0

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