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Long-Term Rental Analysis
1821 N Minnesota Ave, Wichita, KS 67214
$120,000 • 2 beds • 1 baths • 1645 sqft

This property looks like a bad Long-Term investment with a projected -3.71% first-year return on $25,200 initial cash invested.

Cash On Cash
-3.71%
Cap Rate
5.72%
Rent
$829
Cashflow
-$78
Rent Confidence:  High
Annual
$9,948
Median
$750
Avg
$773
Samples
25
Financing
Purchase Price  $120k
Downpayment  20.0%
Interest Rate  6.5%
Mortgage Duration  30yr.
Cash To Invest
Total  $25,200
Downpayment  20% $24,000
Closing costs  1% $1,200
Rehab  0% $0
Furnishing  0% $0
Cashflow
Total Income  $829
Total Expenses  $907
Mortgage P&I  73% $609
Property Taxes  5% $41
Home Insurance  5% $42
PManagement  10% $83
CapEx  5% $41
Vacancy  6% $50
Maintenance  5% $41
Other  0% $0
Google Maps with the subject property comparables is loading...
#Comparable PropertyRentBedsBathsSQFTDistance
11316 N Pennsylvania Ave$8752115361.1 mi
21632 N Minneapolis St$815210.4 mi
32026 N Piatt Ave$700210.4 mi
41727 N Spruce Ave$750210.5 mi
51736 N Volutsia Ave$795211 mi
61533 N Hillside St$900211.4 mi
71614 N Hillside St, # 1$850211.4 mi
81642 N Hillside St, # 1$815211.4 mi
91723 N Holyoke Ave$495211.4 mi
101618 N Hillside St, # 1$750211.4 mi
111127 N Hydraulic St$825211.4 mi
121531 N Hillside St$800211.4 mi
131647 N Pennsylvania Ave$10952110540.5 mi
141551 N Holyoke Ave$7002110351.5 mi
151055 N Spruce St$9502110241.6 mi
161731 N Holyoke Ave$795219501.4 mi
171560 E 17th St N$670218390.5 mi
181642 N Holyoke Ave$650219501.5 mi
191520 E 17th St N, # 1514-203$670218390.5 mi
201520 E 17th St N, # 1560-304$670218390.5 mi
211514 E 17th St N$670218390.5 mi
222422 N Minnesota St$750218961.1 mi
231235 N Indiana Ave$750219101.4 mi
242359 N Estelle St$850219001.4 mi
251623 N Erie Ave$725218551.1 mi

Projections