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1002 Ouichita St, Carthage, TX 75633

3 beds • 2 baths • 1700 sqft

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This property looks like a bad Long-Term investment with a projected -11.99% first-year return on $70,581 initial cash invested.

-11.99%

Cash On Cash

3.69%

Cap Rate

0.63

DSCR

$1,879

Rent

-$705

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,581

Downpayment

20%

$67,220

Closing costs

1%

$3,361

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,879

Total Expenses

$2,584

Mortgage P&I

87%

$1,644

Property Taxes

18%

$332

Home Insurance

6%

$119

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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