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$3,153 (target)

13598 Fm 47, Wills Point, TX 75169

3 beds • 2 baths • 1860 sqft

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This property looks like a bad Mid-Term investment with a projected -6.91% first-year return on $106k initial cash invested.

-6.91%

Cash On Cash

4.7%

Cap Rate

0.77

DSCR

$3,153

Rent

-$609

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,153 income − $3,762 expenses = $609 out of pocket

Income$3,153Out of Pocket$609Mortgage P&I$2,12067%Property Taxes$42413%Insurance$1465%Management$37812%CapEx$1264%Vacancy$953%Maintenance$1264%Other$34711%

Investment Breakdown

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Purchase Price

$418k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,580

Closing costs

1%

$4,179

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,153

Total Expenses

$3,762

Mortgage P&I

67%

$2,120

Property Taxes

13%

$424

Home Insurance

5%

$146

HOA

0%

$0

Property Management

12%

$378

CapEx

4%

$126

Vacancy

3%

$95

Maintenance

4%

$126

Other

11%

$347

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