REI Lense

REI Lense

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$637 (target)

1811 8th St, Wichita Falls, TX 76301

3 beds • 2 baths • 2290 sqft

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This property looks like a bad Long-Term investment with a projected -25.96% first-year return on $35,826 initial cash invested.

-25.96%

Cash On Cash

0.98%

Cap Rate

0.16

DSCR

$637

Rent

-$775

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$171k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,826

Downpayment

20%

$34,120

Closing costs

1%

$1,706

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$637

Total Expenses

$1,412

Mortgage P&I

139%

$883

Property Taxes

46%

$293

Home Insurance

11%

$70

HOA

0%

$0

Property Management

10%

$64

CapEx

5%

$32

Vacancy

6%

$38

Maintenance

5%

$32

Other

0%

$0

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