2502 E 2nd St N Wichita, Kansas
5 bed • 2 bath • 10 guests
Purchase Price
Est. $888/mo
$207,500
Zestimate
$55,006
Annual Revenue
Median of 18 comps selected by Kyle, creator of this analysis.
- Avg Daily Rate
- $359
- Occupancy
- 42%
$15k
$35k
$60k
$80k
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Seasonality
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$14,908
Profit
Revenue
$55,005
Operating Expenses
$26,606
Operating Income
$28,399
Mortgage & Taxes
$13,491
Profit (Cash Flow)
$14,908
$62,584
Cash Investment
Down Payment
$40,000
Renos & Furnishing
$16,584
Closing Costs
$6,000
Total
$62,584
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
2%
Revenue Appreciation
2%
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Cash on Cash Return
23.82%
Cap Rate
14.19%
STR Tax Calculator (USA)
Rental property owners can deduct depreciation, mortgage interest, and property taxes from their taxable income. See how much this property could save you. Read our tax guide.
If you buy this property, your estimated tax deduction will be...
Deductible mortgage interest
$9,492
Deductible property tax
$1,980
Estimated gross deduction
$60,960
Your income tax rate
Estimated tax savings
$18,288
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Property Overview
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