REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2305 Avenue O, Wichita Falls, TX 76309

3 beds • 1 baths • 1243 sqft

Email

This property could be a profitable Airbnb investment with a projected 19.64% first-year return on $42,045 initial cash invested.

19.64%

Cash On Cash

14.46%

Cap Rate

2.39

DSCR

$2,838

Rent

$688

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

$42,045

Downpayment

20%

$22,900

Closing costs

1%

$1,145

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,838

Total Expenses

$2,150

Mortgage P&I

20%

$578

Property Taxes

6%

$168

Home Insurance

1%

$40

HOA

0%

$0

Property Management

15%

$426

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$710

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Cheerful Country Club Cottage Near MSU

$5,688

$275

3

2

0.41 mi

The Fain Casa

$2,544

$123

3

1

0.57 mi

Centrally located-College, restaurants, retail.

$1,965

$95

3

1

0.63 mi

The Claire Lou

$3,558

$172

3

2

0.35 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis