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$3,123 (target)

1311 S Western St, Amarillo, TX 79106

3 beds • 2 baths • 2587 sqft

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This property might be a fair Mid-Term investment with a projected 9.98% first-year return on $60,000 initial cash invested.

9.98%

Cash On Cash

10.49%

Cap Rate

1.55

DSCR

$3,123

Rent

$499

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,123 income − $2,624 expenses = $499 cash flow

Income$3,123Mortgage P&I$1,12536%Property Taxes$36612%Insurance$702%Management$37512%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34411%Cash Flow$499

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,000

Downpayment

20%

$40,000

Closing costs

1%

$2,000

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,123

Total Expenses

$2,624

Mortgage P&I

36%

$1,125

Property Taxes

12%

$366

Home Insurance

2%

$70

HOA

0%

$0

Property Management

12%

$375

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$344

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