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$2,394 (target)

1824 Pearlie Dr, Wichita Falls, TX 76306

3 beds • 2 baths • 1247 sqft

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This property might be a fair Mid-Term investment with a projected 7.91% first-year return on $55,191 initial cash invested.

7.91%

Cash On Cash

9.38%

Cap Rate

1.5

DSCR

$2,394

Rent

$364

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,394 income − $2,030 expenses = $364 cash flow

Income$2,394Mortgage P&I$92539%Property Taxes$23510%Insurance$562%Management$28712%CapEx$964%Vacancy$723%Maintenance$964%Other$26311%Cash Flow$364

Investment Breakdown

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Purchase Price

$177k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,191

Downpayment

20%

$35,420

Closing costs

1%

$1,771

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,394

Total Expenses

$2,030

Mortgage P&I

39%

$925

Property Taxes

10%

$235

Home Insurance

2%

$56

HOA

0%

$0

Property Management

12%

$287

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$263

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