Wichita Rental Deal 10-Minute Checklist: Free Rental Property Screening Worksheet with Rent Benchmarks, Expense Stack, Cash Flow, DSCR & Red Flags (Printable PDF)
Our example house passes the 1% rule ($1,250 rent on a $120,000 price) and still loses $17.50 a month once real expenses and the loan payment are in. This free 3-page checklist shows you why in about 10 minutes, before you spend an hour or an inspection fee on a listing.
What's inside:
- Minute 0–2: rent check with three Wichita benchmarks (Zillow typical asking rent, HUD 2-bedroom Fair Market Rent, Census median rent), each with its source
- Minute 2–3: the 1% screen, and what to do at 0.7–0.99%
- Minute 3–6: a real expense stack: vacancy, repairs, CapEx, management, taxes, insurance (with a hail-deductible reminder)
- Minute 6–8: NOI, cap rate, cash flow, DSCR and cash-on-cash, with a fully worked example
- Minute 8–10: a 10-item red-flag scan (foundation, roof, sewer, panel, tenant in place, title and more) and a GO / DIG DEEPER / PASS verdict
When a deal passes: run the full numbers with the $9 Rental Property Deal Analyzer (https://payhip.com/b/Prt6G) or get all 10 investor tools in the $59 Flipper & Investor Toolkit Bundle (https://payhip.com/b/CShkN).
Good to know:
- Printable PDF, US Letter. Fill it in by hand or on a tablet.
- Example numbers are made up. The loan payment in the example is a placeholder, not a quote.
- Educational only. Not financial, tax or legal advice.