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2720 Shepherds Gln, Wichita Falls, TX 76308

3 beds • 2 baths • 1804 sqft

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This property might be a fair Airbnb investment with a projected 2.69% first-year return on $78,879 initial cash invested.

2.69%

Cash On Cash

7.44%

Cap Rate

1.24

DSCR

$4,149

Rent

$177

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,149 income − $3,972 expenses = $177 cash flow

Income$4,149Mortgage P&I$1,45435%Property Taxes$42510%Insurance$1022%Management$62215%CapEx$1664%Maintenance$1664%Other$1,03725%Cash Flow$177

Investment Breakdown

|

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

$4,149

Total Expenses

$3,972

Mortgage P&I

35%

$1,454

Property Taxes

10%

$425

Home Insurance

2%

$102

HOA

0%

$0

Property Management

15%

$622

CapEx

4%

$166

Vacancy

0%

$0

Maintenance

4%

$166

Other

25%

$1,037

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