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4 Northpark Dr, Wichita Falls, TX 76306

3 beds • 2 baths • 1978 sqft

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This property looks like a bad Long-Term investment with a projected -24.81% first-year return on $57,750 initial cash invested.

-24.81%

Cash On Cash

0.84%

Cap Rate

0.14

DSCR

$874

Rent

-$1,194

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$874

Total Expenses

$2,068

Mortgage P&I

154%

$1,342

Property Taxes

46%

$403

Home Insurance

11%

$96

HOA

0%

$0

Property Management

10%

$87

CapEx

5%

$44

Vacancy

6%

$52

Maintenance

5%

$44

Other

0%

$0

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