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$1,984 (target)

11604 County Road 1310, Wolfforth, TX 79382

3 beds • 2 baths • 1897 sqft

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This property looks like a bad Long-Term investment with a projected -13.04% first-year return on $83,990 initial cash invested.

-13.04%

Cash On Cash

3.59%

Cap Rate

0.59

DSCR

$1,984

Rent

-$913

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,984 income − $2,897 expenses = $913 out of pocket

Income$1,984Out of Pocket$913Mortgage P&I$2,009101%Property Taxes$23312%Insurance$1407%Management$19810%CapEx$995%Vacancy$1196%Maintenance$995%

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,990

Downpayment

20%

$79,990

Closing costs

1%

$4,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,984

Total Expenses

$2,897

Mortgage P&I

101%

$2,009

Property Taxes

12%

$233

Home Insurance

7%

$140

HOA

0%

$0

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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