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3314 Sherwood Ln, Wichita Falls, TX 76308

3 beds • 2 baths • 1488 sqft

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This property might be a fair Airbnb investment with a projected 1.9% first-year return on $57,375 initial cash invested.

1.9%

Cash On Cash

7.48%

Cap Rate

1.21

DSCR

$2,696

Rent

$91

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$188k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,375

Downpayment

20%

$37,500

Closing costs

1%

$1,875

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,696

Total Expenses

$2,605

Mortgage P&I

36%

$970

Property Taxes

10%

$275

Home Insurance

2%

$66

HOA

0%

$0

Property Management

15%

$404

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$674

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ADR

Beds

Baths

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5

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2

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5

4

0.6 mi

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$1,100

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2

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$2,850

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5

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