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$3,386 (target)

10761 County Road 348, Wills Point, TX 75169

3 beds • 2 baths • 1508 sqft

$2,500,000

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This property looks like a bad Mid-Term investment with a projected -24.93% first-year return on $543k initial cash invested.

-24.93%

Cash On Cash

0.62%

Cap Rate

0.1

DSCR

$3,386

Rent

-$11,280

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,386 income − $14,666 expenses = $11,280 out of pocket

Income$3,386Out of Pocket$11,280Mortgage P&I$12,445368%Property Taxes$1966%Insurance$87526%Management$40612%CapEx$1354%Vacancy$1023%Maintenance$1354%Other$37211%

Investment Breakdown

|

Purchase Price

$2500k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$543k

Downpayment

20%

$500k

Closing costs

1%

$25,000

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,386

Total Expenses

$14,666

Mortgage P&I

368%

$12,445

Property Taxes

6%

$196

Home Insurance

26%

$875

HOA

0%

$0

Property Management

12%

$406

CapEx

4%

$135

Vacancy

3%

$102

Maintenance

4%

$135

Other

11%

$372

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