My area it is $6 sf to replace with a moderate LVP. 10 year life span. $18000/10 year life span/12 months in a year= $150 per month for 1 item.

My capex budget includes but not limited: roof 25 year life span, floors 10 year life span, appliances and hot water heater 12 year life span, hvac 20 year life span, bath and kitchen remodel 20 year life span.

My capex budget includes but not limited to: roof 25 year life span, floors 10 year life span(except carpet then only 5 years), appliances and hot water heater 12 year life span, hvac 20 year life span, bath and kitchen remodel 20 year life span, etc.

If not you will have to have capex expenses to cover floors 10 year life span, appliances and hot water heater 12 year life span, bath and kitchen remodel 20 year life span, hvac 20 year life span.

If you have a 5 bedroom house even in a $500k house I do not think it is even conceivable that you would rent all the rooms - I'd only bank on one or two roommates - and since Wichita is what I'd call a little big town - most people aren't going to want to live with someone they really don't know.I think you're most realistic situation is buy a very nice duplex (there are a few from time to time that are high end) that will come for sale - live in one half and rent out the other where they should make  a vast majority of your mortgage payment and live for nearly free.Secondly - buy an affordable house (if your intent is to move in a short time span so below $250k or so) and then only bank on having one or two roommates and only charging them $750 or less depending on how nice the place is - unless you have a large base of friends that are willing to live with you.Just my .02 -- and best of luck!!!   

Plus if you over size them a bit and dont do huge spans then the city usually doesnt ask for calcs anyways.

MIne includes but not limited to: roof 25 year life span, floors 10 year life span, appliances and hot water heater 12 year life span, hvac 20 year life span, bath and kitchen remodel 20 year life span.

@Moises Villasenor so how did you arrive at your capex number.My capex budget includes but not limited to: roof 25 year life span, floors 10  year life span, appliances and hot water heater 12 year life span, hvac 20 year life span, bath and kitchen 20 year life span.

With that money, I bought 3 more cash-flowing properties in a span of 4 months.

Life span of 10 years. assume 2000 sf of flooring.