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$3,519 (target)

22594 Fm 47, Wills Point, TX 75169

3 beds • 2 baths • 2895 sqft

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This property looks like a bad Mid-Term investment with a projected -11.67% first-year return on $122k initial cash invested.

-11.67%

Cash On Cash

3.51%

Cap Rate

0.58

DSCR

$3,519

Rent

-$1,185

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,519 income − $4,704 expenses = $1,185 out of pocket

Income$3,519Out of Pocket$1,185Mortgage P&I$2,49271%Property Taxes$82223%Insurance$1785%HOA$15Management$42212%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38711%

Investment Breakdown

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Purchase Price

$495k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$98,920

Closing costs

1%

$4,946

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,519

Total Expenses

$4,704

Mortgage P&I

71%

$2,492

Property Taxes

23%

$822

Home Insurance

5%

$178

HOA

0%

$15

Property Management

12%

$422

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$387

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