REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,569 (target)

1309 Oakhurst Dr, Wichita Falls, TX 76302

3 beds • 2 baths • 1760 sqft

Email

This property looks like a bad Long-Term investment with a projected -4.31% first-year return on $38,430 initial cash invested.

-4.31%

Cash On Cash

5.95%

Cap Rate

0.94

DSCR

$1,569

Rent

-$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,569 income − $1,707 expenses = $138 out of pocket

Income$1,569Out of Pocket$138Mortgage P&I$96862%Property Taxes$26817%Insurance$644%Management$15710%CapEx$785%Vacancy$946%Maintenance$785%

Investment Breakdown

|

Purchase Price

$183k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,430

Downpayment

20%

$36,600

Closing costs

1%

$1,830

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,569

Total Expenses

$1,707

Mortgage P&I

62%

$968

Property Taxes

17%

$268

Home Insurance

4%

$64

HOA

0%

$0

Property Management

10%

$157

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis