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$6,129 (target)

15699 Fm 1954, Wichita Falls, TX 76310

3 beds • 3 baths • 3120 sqft

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This property might be a fair Mid-Term investment with a projected 4.7% first-year return on $131k initial cash invested.

4.7%

Cash On Cash

7.81%

Cap Rate

1.28

DSCR

$6,129

Rent

$514

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,129 income − $5,615 expenses = $514 cash flow

Income$6,129Mortgage P&I$2,75045%Property Taxes$59310%Insurance$1893%Management$73512%CapEx$2454%Vacancy$1843%Maintenance$2454%Other$67411%Cash Flow$514

Investment Breakdown

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Purchase Price

$539k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,390

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,129

Total Expenses

$5,615

Mortgage P&I

45%

$2,750

Property Taxes

10%

$593

Home Insurance

3%

$189

HOA

0%

$0

Property Management

12%

$735

CapEx

4%

$245

Vacancy

3%

$184

Maintenance

4%

$245

Other

11%

$674

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