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15911 Fm 1954, Wichita Falls, TX 76310

4 beds • 2 baths • 2009 sqft

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This property looks like a bad Airbnb investment with a projected -10.72% first-year return on $103k initial cash invested.

-10.72%

Cash On Cash

3.52%

Cap Rate

0.58

DSCR

$2,935

Rent

-$918

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

6%

$24,000

Cashflow

Total Income

$2,935

Total Expenses

$3,853

Mortgage P&I

65%

$1,902

Property Taxes

14%

$412

Home Insurance

4%

$131

HOA

0%

$0

Property Management

15%

$440

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$734

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