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$3,992 (target)

351 Cactus Dr, Amarillo, TX 79118

3 beds • 3 baths • 2250 sqft

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This property looks like a bad Mid-Term investment with a projected -8.55% first-year return on $117k initial cash invested.

-8.55%

Cash On Cash

5.01%

Cap Rate

0.75

DSCR

$3,992

Rent

-$834

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,992 income − $4,826 expenses = $834 out of pocket

Income$3,992Out of Pocket$834Mortgage P&I$2,64566%Property Taxes$58815%Insurance$1724%HOA$632%Management$47912%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$43911%

Investment Breakdown

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Purchase Price

$472k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,400

Closing costs

1%

$4,720

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,992

Total Expenses

$4,826

Mortgage P&I

66%

$2,645

Property Taxes

15%

$588

Home Insurance

4%

$172

HOA

2%

$63

Property Management

12%

$479

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$439

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