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4213 Canberra Dr, Wichita Falls, TX 76308

3 beds • 2 baths • 1997 sqft

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This property looks like a bad Airbnb investment with a projected -9.74% first-year return on $70,353 initial cash invested.

-9.74%

Cash On Cash

4.1%

Cap Rate

0.64

DSCR

$2,317

Rent

-$571

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,317 income − $2,888 expenses = $571 out of pocket

Income$2,317Out of Pocket$571Mortgage P&I$1,33057%Property Taxes$35915%Insurance$864%Management$34815%CapEx$934%Maintenance$934%Other$57925%

Investment Breakdown

|

Purchase Price

$249k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,353

Downpayment

20%

$49,860

Closing costs

1%

$2,493

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,317

Total Expenses

$2,888

Mortgage P&I

57%

$1,330

Property Taxes

15%

$359

Home Insurance

4%

$86

HOA

0%

$0

Property Management

15%

$348

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$579

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