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$1,365 (target)

1514 Roanoke Dr, Wichita Falls, TX 76306

3 beds • 2 baths • 1203 sqft

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This property could be a profitable Long-Term investment with a projected 10.81% first-year return on $27,300 initial cash invested.

10.81%

Cash On Cash

9.2%

Cap Rate

1.46

DSCR

$1,365

Rent

$246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,365 income − $1,119 expenses = $246 cash flow

Income$1,365Mortgage P&I$68350%Property Taxes$363%Insurance$463%Management$13610%CapEx$685%Vacancy$826%Maintenance$685%Cash Flow$246

Investment Breakdown

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Purchase Price

$130k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,300

Downpayment

20%

$26,000

Closing costs

1%

$1,300

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,365

Total Expenses

$1,119

Mortgage P&I

50%

$683

Property Taxes

3%

$36

Home Insurance

3%

$46

HOA

0%

$0

Property Management

10%

$136

CapEx

5%

$68

Vacancy

6%

$82

Maintenance

5%

$68

Other

0%

$0

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