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$3,225 (target)

1814 S Virginia St, Amarillo, TX 79102

3 beds • 2 baths • 1734 sqft

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This property could be a profitable Mid-Term investment with a projected 18.8% first-year return on $55,275 initial cash invested.

18.8%

Cash On Cash

12.89%

Cap Rate

2.09

DSCR

$3,225

Rent

$866

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,225 income − $2,359 expenses = $866 cash flow

Income$3,225Mortgage P&I$91228%Property Taxes$2889%Insurance$622%Management$38712%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35511%Cash Flow$866

Investment Breakdown

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Purchase Price

$178k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,275

Downpayment

20%

$35,500

Closing costs

1%

$1,775

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,225

Total Expenses

$2,359

Mortgage P&I

28%

$912

Property Taxes

9%

$288

Home Insurance

2%

$62

HOA

0%

$0

Property Management

12%

$387

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$355

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