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$3,122 (target)

3 Flat Top Cir, Wichita Falls, TX 76308

3 beds • 2 baths • 1918 sqft

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This property might be a fair Mid-Term investment with a projected 2.99% first-year return on $75,729 initial cash invested.

2.99%

Cash On Cash

7.36%

Cap Rate

1.23

DSCR

$3,122

Rent

$189

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,122 income − $2,933 expenses = $189 cash flow

Income$3,122Mortgage P&I$1,37244%Property Taxes$40313%Insurance$963%Management$37512%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34311%Cash Flow$189

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,729

Downpayment

20%

$54,980

Closing costs

1%

$2,749

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,122

Total Expenses

$2,933

Mortgage P&I

44%

$1,372

Property Taxes

13%

$403

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$375

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$343

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