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2305 Avenue O, Wichita Falls, TX 76309

3 beds • 1 baths • 1243 sqft

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This property might be a fair Long-Term investment with a projected 2.15% first-year return on $24,045 initial cash invested.

2.15%

Cash On Cash

7.1%

Cap Rate

1.17

DSCR

$1,120

Rent

$43

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$115k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$24,045

Downpayment

20%

$22,900

Closing costs

1%

$1,145

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,120

Total Expenses

$1,077

Mortgage P&I

52%

$578

Property Taxes

15%

$168

Home Insurance

4%

$40

HOA

0%

$0

Property Management

10%

$112

CapEx

5%

$56

Vacancy

6%

$67

Maintenance

5%

$56

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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$1,100

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$2,850

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