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$2,648 (target)

3710 Lenwood Dr, Amarillo, TX 79109

3 beds • 2 baths • 1541 sqft

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This property might be a fair Mid-Term investment with a projected 9.19% first-year return on $58,887 initial cash invested.

9.19%

Cash On Cash

9.84%

Cap Rate

1.54

DSCR

$2,648

Rent

$451

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,648 income − $2,197 expenses = $451 cash flow

Income$2,648Mortgage P&I$1,03939%Property Taxes$1957%Insurance$632%Management$31812%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29111%Cash Flow$451

Investment Breakdown

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Purchase Price

$195k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,887

Downpayment

20%

$38,940

Closing costs

1%

$1,947

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,648

Total Expenses

$2,197

Mortgage P&I

39%

$1,039

Property Taxes

7%

$195

Home Insurance

2%

$63

HOA

0%

$0

Property Management

12%

$318

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$291

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