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$2,319 (target)

3912 Cynthia Ln, Wichita Falls, TX 76302

3 beds • 2 baths • 1461 sqft

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This property might be a fair Mid-Term investment with a projected 7.91% first-year return on $52,650 initial cash invested.

7.91%

Cash On Cash

9.36%

Cap Rate

1.52

DSCR

$2,319

Rent

$347

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,319 income − $1,972 expenses = $347 cash flow

Income$2,319Mortgage P&I$84737%Property Taxes$27112%Insurance$653%Management$27812%CapEx$934%Vacancy$703%Maintenance$934%Other$25511%Cash Flow$347

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,650

Downpayment

20%

$33,000

Closing costs

1%

$1,650

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,319

Total Expenses

$1,972

Mortgage P&I

37%

$847

Property Taxes

12%

$271

Home Insurance

3%

$65

HOA

0%

$0

Property Management

12%

$278

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$255

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