REI Lense

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$4,164 (target)

2720 Shepherds Gln, Wichita Falls, TX 76308

3 beds • 2 baths • 1804 sqft

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This property could be a profitable Mid-Term investment with a projected 11.65% first-year return on $78,879 initial cash invested.

11.65%

Cash On Cash

9.88%

Cap Rate

1.64

DSCR

$4,164

Rent

$766

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,164 income − $3,398 expenses = $766 cash flow

Income$4,164Mortgage P&I$1,45435%Property Taxes$42510%Insurance$1022%Management$50012%CapEx$1674%Vacancy$1253%Maintenance$1674%Other$45811%Cash Flow$766

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,879

Downpayment

20%

$57,980

Closing costs

1%

$2,899

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,164

Total Expenses

$3,398

Mortgage P&I

35%

$1,454

Property Taxes

10%

$425

Home Insurance

2%

$102

HOA

0%

$0

Property Management

12%

$500

CapEx

4%

$167

Vacancy

3%

$125

Maintenance

4%

$167

Other

11%

$458

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