REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1766 Eagle Ridge Cir, Wichita Falls, TX 76309

4 beds • 2 baths • 2525 sqft

Email

This property looks like a bad Airbnb investment with a projected -21.54% first-year return on $136k initial cash invested.

-21.54%

Cash On Cash

0.81%

Cap Rate

0.13

DSCR

$2,378

Rent

-$2,448

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$107k

Closing costs

1%

$5,350

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$2,378

Total Expenses

$4,826

Mortgage P&I

114%

$2,713

Property Taxes

33%

$785

Home Insurance

8%

$187

HOA

0%

$0

Property Management

15%

$357

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$594

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Home Away From Home

$3,758

$174

4

3

1.03 mi

River Bend Retreat - Just outside the city limits!

$4,492

$208

3

2

1.29 mi

The Cozy Cumberland

$2,440

$113

3

2

1.41 mi

The Pecan Place

$3,412

$158

3

2

1.81 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis