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$2,666 (target)

321 S Mary St, Wills Point, TX 75169

3 beds • 3 baths • 3156 sqft

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This property looks like a bad Mid-Term investment with a projected -11.26% first-year return on $123k initial cash invested.

-11.26%

Cash On Cash

3.61%

Cap Rate

0.59

DSCR

$2,666

Rent

-$1,154

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,666 income − $3,820 expenses = $1,154 out of pocket

Income$2,666Out of Pocket$1,154Mortgage P&I$2,55196%Property Taxes$1877%Insurance$1757%Management$32012%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29311%

Investment Breakdown

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Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,980

Closing costs

1%

$4,999

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,666

Total Expenses

$3,820

Mortgage P&I

96%

$2,551

Property Taxes

7%

$187

Home Insurance

7%

$175

HOA

0%

$0

Property Management

12%

$320

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$293

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