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$2,268 (target)

4 Lori Ln, Wichita Falls, TX 76306

3 beds • 2 baths • 1640 sqft

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This property might be a fair Mid-Term investment with a projected 1.87% first-year return on $62,394 initial cash invested.

1.87%

Cash On Cash

7.21%

Cap Rate

1.17

DSCR

$2,268

Rent

$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,268 income − $2,171 expenses = $97 cash flow

Income$2,268Mortgage P&I$1,08248%Property Taxes$25711%Insurance$613%Management$27212%CapEx$914%Vacancy$683%Maintenance$914%Other$24911%Cash Flow$97

Investment Breakdown

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Purchase Price

$211k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,394

Downpayment

20%

$42,280

Closing costs

1%

$2,114

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,268

Total Expenses

$2,171

Mortgage P&I

48%

$1,082

Property Taxes

11%

$257

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$272

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$249

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