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Long-Term Rental Analysis
2311 E 16th St N, Wichita, KS 67214
$105,000 • 2 beds • 1 baths • 600 sqft

This property looks like a bad Long-Term investment with a projected -2.56% first-year return on $22,050 initial cash invested.

Cash On Cash
-2.56%
Cap Rate
6.29%
Rent
$753
Cashflow
-$47
Rent Confidence:  High
Annual
$9,036
Median
$795
Avg
$768
Samples
25
Financing
Purchase Price  $105k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest
Total  $22,050
Downpayment  20% $21,000
Closing costs  1% $1,050
Rehab  0% $0
Furnishing  0% $0
Cashflow
Total Income  $753
Total Expenses  $800
Mortgage P&I  74% $559
Property Taxes  1% $8
Home Insurance  5% $37
PManagement  10% $75
CapEx  5% $38
Vacancy  6% $45
Maintenance  5% $38
Other  0% $0
Google Maps with the subject property comparables is loading...
#Comparable PropertyRentBedsBathsSQFTDistance
11652 N Erie St$795216440.6 mi
21600 N Poplar Ave$745216720.3 mi
31239 N Piatt Ave$650216801 mi
41815 N Lorraine Ave, Unit LORRAINE2$625217000.8 mi
51318 N Piatt Ave Apt D$595217000.8 mi
61132 N Green St$725216961.1 mi
72043 N Minnesota St$750217120.9 mi
82517 E 12th St N$725217400.8 mi
91727 N Spruce Ave$750210.1 mi
101521 N Hillside St$650217630.9 mi
111821 N Minnesota Ave$800217820.6 mi
122057 N Minneapolis St$795217551 mi
131318 N Chautauqua Ave$750217681 mi
141736 N Volutsia Ave$795210.5 mi
151312 N Chautauqua Ave$795217681 mi
161748 N Hillside St, Apt 103$895217750.9 mi
171748 N Hillside St, Apt 201$795217750.9 mi
181748 N Hillside St, Apt 205$795217750.9 mi
191632 N Minneapolis St$815210.5 mi
201748 N Hillside St, Apt 405$950217750.9 mi
211748 N Hillside St, Apt 305$750217750.9 mi
221147 N Poplar Ave$795217681.1 mi
232026 N Piatt Ave$700210.8 mi
241533 N Hillside St$900210.9 mi
251614 N Hillside St, # 1$850210.9 mi

Projections