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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 Mid-Term investment with a projected -15.43% first-year return on $75,750 initial cash invested.

-15.43%

Cash On Cash

1.83%

Cap Rate

0.31

DSCR

$1,311

Rent

-$974

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

$75,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,311

Total Expenses

$2,285

Mortgage P&I

102%

$1,342

Property Taxes

31%

$403

Home Insurance

7%

$96

HOA

0%

$0

Property Management

12%

$157

CapEx

4%

$52

Vacancy

3%

$39

Maintenance

4%

$52

Other

11%

$144

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