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1157 N 3rd St, Wills Point, TX 75169

3 beds • 2 baths • 1630 sqft

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This property looks like a bad Mid-Term investment with a projected -5.66% first-year return on $83,604 initial cash invested.

-5.66%

Cash On Cash

4.75%

Cap Rate

0.81

DSCR

$2,700

Rent

-$394

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$312k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,604

Downpayment

20%

$62,480

Closing costs

1%

$3,124

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,700

Total Expenses

$3,094

Mortgage P&I

56%

$1,522

Property Taxes

20%

$543

Home Insurance

4%

$111

HOA

0%

$0

Property Management

12%

$324

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$297

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