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Updated almost 6 years ago on . Most recent reply

User Stats

64
Posts
29
Votes
Robert Burris
  • Rental Property Investor
  • Wichita, KS
29
Votes |
64
Posts

[Calc Review] Help me analyze this deal.

Robert Burris
  • Rental Property Investor
  • Wichita, KS
Posted

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Most Popular Reply

User Stats

584
Posts
812
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Jonathan R.
  • Investor
  • Wichita, KS
812
Votes |
584
Posts
Jonathan R.
  • Investor
  • Wichita, KS
Replied

@Robert Burris Not enough meat on the bone for me. I also think the sweet spot for a rental in a B to A- area in Wichita is around $750-$950. You can get that in rent on a 40kish property in a C+ area. Our real estate doesn’t appreciate all that much here, even in A areas, my main focus would be cashflow with a little appreciation hope sprinkled in. $1050 a month is too much for most, you want to find an equilibrium price where supply and demand meet for max profit. That is more than my mortgage on a $130,000 house.

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