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290 Vz County Road 3222, Wills Point, TX 75169

3 beds • 3 baths • 1797 sqft

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This property looks like a bad Mid-Term investment with a projected -14.73% first-year return on $154k initial cash invested.

-14.73%

Cash On Cash

2.41%

Cap Rate

0.42

DSCR

$3,183

Rent

-$1,894

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$649k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$130k

Closing costs

1%

$6,490

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,183

Total Expenses

$5,077

Mortgage P&I

96%

$3,071

Property Taxes

22%

$698

Home Insurance

7%

$227

HOA

0%

$0

Property Management

12%

$382

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$350

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