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Long-Term Rental Analysis
2444 S Pattie Ave, Wichita, KS 67216
$131,500 • 3 beds • 2 baths • 1344 sqft
This property might be a fair Long-Term investment with a projected 1.39% first-year return on $27,615 initial cash invested.
Cash On Cash
1.39%
Cap Rate
7.18%
Rent
$1,095
Signal: Med.
Cashflow
$32
Financing
Purchase Price $132k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $27,615
Downpayment $26,300
Closing costs $1,315
Rehab $0
Furnishing $0
Cashflow
Total Income $1,095
Total Expenses $1,063
Mortgage P&I $700
Property Taxes $77
Home Insurance $0
PManagement $110
CapEx $55
Vacancy $66
Maintenance $55
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 2415 S Mosley Ave | $995 | 3 | 2 | 1172 | 0.5 mi |
| 2 | 3111 E Glen Oaks Dr | $1195 | 3 | 2 | 1452 | 1.9 mi |
| 3 | 2608 S Santa Fe St | $1295 | 3 | 2 | 1608 | 0.7 mi |
| 4 | 1925 S Lorraine Ave | $1395 | 3 | 2 | 1240 | 2.2 mi |
| 5 | 2221 S Market St | $975 | 3 | 1.5 | 1400 | 1.4 mi |
| 6 | 2546 S Pattie St | $1050 | 3 | 1 | 1282 | 0.2 mi |
| 7 | 2420 S Ida St, Unit 2420 | $1700 | 3 | 2 | 1800 | 0.2 mi |
| 8 | 3008 S Exchange Pl | $1350 | 3 | 1.5 | 1297 | 2.1 mi |
| 9 | 2542 S Greenwood St | $975 | 3 | 2 | 1008 | 0.4 mi |
| 10 | 603 W 25th St S | $850 | 3 | 2 | 1562 | 2.2 mi |
| 11 | 1440 S Main St | $1350 | 3 | 2 | 1544 | 2.5 mi |
| 12 | 2308 S Grove St | $1250 | 3 | 2 | 1072 | 1.3 mi |
| 13 | 1901 S Spruce St | $1125 | 3 | 2 | 1670 | 1.6 mi |
| 14 | 3030 E Mount Vernon Rd | $1495 | 3 | 1.5 | 1440 | 2.2 mi |
| 15 | 1944 S Madison Ave | $995 | 3 | 1 | 1316 | 1.5 mi |
| 16 | 2102 S Grove St | $1295 | 3 | 1 | 1303 | 1.5 mi |
| 17 | 3030 S Old Lawrence Rd, Apt 205 | $850 | 3 | 2 | 1050 | 1.6 mi |
| 18 | 140 E 31st St S, Apt 206 | $750 | 3 | 2 | 1050 | 1.7 mi |
| 19 | 140 E 31st St S, Apt 305 | $850 | 3 | 2 | 1050 | 1.7 mi |
| 20 | 2715 S Mosley St | $925 | 3 | 0.8 mi | ||
| 21 | 1217 E Fortuna St | $1350 | 3 | 1.5 | 1155 | 2 mi |
| 22 | 1647 S Main St, Unit 1 | $1070 | 3 | 1 | 1390 | 2.2 mi |
| 23 | 1619 S Mosley Ave | $1295 | 3 | 2 | 980 | 1.8 mi |
| 24 | 2675 S Holyoke St | $1095 | 3 | 2 | 1000 | 2.1 mi |
| 25 | 1328 S Market St | $1025 | 3 | 2 | 1038 | 2.6 mi |