REI Lense

REI Lense

$1,200 (target)

2709 Roanoke Dr, Wichita Falls, TX 76306

3 beds • 2 baths • 906 sqft

Email

This property could be a profitable Long-Term investment with a projected 10.81% first-year return on $19,320 initial cash invested.

10.81%

Cash On Cash

9.91%

Cap Rate

1.44

DSCR

$1,200

Rent

$174

Cashflow

Cash Flow

$1,200 income − $1,026 expenses = $174 cash flow

Income$1,200P&I$52644%Taxes$15613%Insurance$323%Mgmt$12010%CapEx$605%Vacancy$726%Maint.$605%Cash Flow$174

Investment Breakdown

|

Purchase Price

$92,000

Downpayment

20.0%

Interest Rate

7.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$19,320

Downpayment

20%

$18,400

Closing costs

1%

$920

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,200

Total Expenses

$1,026

Mortgage P&I

44%

$526

Property Taxes

13%

$156

Home Insurance

3%

$32

HOA

0%

$0

Property Management

10%

$120

CapEx

5%

$60

Vacancy

6%

$72

Maintenance

5%

$60

Other

0%

$0

See Wichita Falls, TX long-term rental market →

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis