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$6,244 (target)

2330 Old Tin Top Rd, Weatherford, TX 76087

3 beds • 2 baths • 2500 sqft

$1,750,000

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This property looks like a bad Mid-Term investment with a projected -22.86% first-year return on $386k initial cash invested.

-22.86%

Cash On Cash

1.17%

Cap Rate

0.19

DSCR

$6,244

Rent

-$7,345

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,244 income − $13,589 expenses = $7,345 out of pocket

Income$6,244Out of Pocket$7,345Mortgage P&I$8,808141%Property Taxes$2,04633%Insurance$61210%Management$74912%CapEx$2504%Vacancy$1873%Maintenance$2504%Other$68711%

Investment Breakdown

|

Purchase Price

$1750k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$386k

Downpayment

20%

$350k

Closing costs

1%

$17,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,244

Total Expenses

$13,589

Mortgage P&I

141%

$8,808

Property Taxes

33%

$2,046

Home Insurance

10%

$612

HOA

0%

$0

Property Management

12%

$749

CapEx

4%

$250

Vacancy

3%

$187

Maintenance

4%

$250

Other

11%

$687

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