REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,093 (target)

1802 Cedar Ave, Wichita Falls, TX 76309

3 beds • 2 baths • 2274 sqft

Email

This property looks like a bad Long-Term investment with a projected -24.49% first-year return on $67,187 initial cash invested.

-24.49%

Cash On Cash

1.06%

Cap Rate

0.18

DSCR

$1,093

Rent

-$1,371

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,093 income − $2,464 expenses = $1,371 out of pocket

Income$1,093Out of Pocket$1,371Mortgage P&I$1,598146%Property Taxes$46943%Insurance$11210%Management$10910%CapEx$555%Vacancy$666%Maintenance$555%

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,187

Downpayment

20%

$63,988

Closing costs

1%

$3,199

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,093

Total Expenses

$2,464

Mortgage P&I

146%

$1,598

Property Taxes

43%

$469

Home Insurance

10%

$112

HOA

0%

$0

Property Management

10%

$109

CapEx

5%

$55

Vacancy

6%

$66

Maintenance

5%

$55

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis