REI Lense

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$2,776 (target)

2720 Shepherds Gln, Wichita Falls, TX 76308

3 beds • 2 baths • 1804 sqft

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This property might be a fair Long-Term investment with a projected 1.42% first-year return on $60,879 initial cash invested.

1.42%

Cash On Cash

6.89%

Cap Rate

1.15

DSCR

$2,776

Rent

$72

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,776 income − $2,704 expenses = $72 cash flow

Income$2,776Mortgage P&I$1,45452%Property Taxes$42515%Insurance$1024%Management$27810%CapEx$1395%Vacancy$1676%Maintenance$1395%Cash Flow$72

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,879

Downpayment

20%

$57,980

Closing costs

1%

$2,899

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,776

Total Expenses

$2,704

Mortgage P&I

52%

$1,454

Property Taxes

15%

$425

Home Insurance

4%

$102

HOA

0%

$0

Property Management

10%

$278

CapEx

5%

$139

Vacancy

6%

$167

Maintenance

5%

$139

Other

0%

$0

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