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$2,664 (target)

1062 Fm 2965, Wills Point, TX 75169

3 beds • 2 baths • 2190 sqft

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This property might be a fair Mid-Term investment with a projected 5.31% first-year return on $65,250 initial cash invested.

5.31%

Cash On Cash

8.38%

Cap Rate

1.34

DSCR

$2,664

Rent

$289

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,664 income − $2,375 expenses = $289 cash flow

Income$2,664Mortgage P&I$1,17544%Property Taxes$2148%Insurance$793%Management$32012%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29311%Cash Flow$289

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,664

Total Expenses

$2,375

Mortgage P&I

44%

$1,175

Property Taxes

8%

$214

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$320

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$293

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