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$2,082 (target)

4310 Faith Rd, Wichita Falls, TX 76308

3 beds • 2 baths • 1329 sqft

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This property might be a fair Mid-Term investment with a projected 5.12% first-year return on $52,293 initial cash invested.

5.12%

Cash On Cash

8.51%

Cap Rate

1.36

DSCR

$2,082

Rent

$223

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,082 income − $1,859 expenses = $223 cash flow

Income$2,082Mortgage P&I$85241%Property Taxes$24212%Insurance$583%Management$25012%CapEx$834%Vacancy$623%Maintenance$834%Other$22911%Cash Flow$223

Investment Breakdown

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Purchase Price

$163k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,293

Downpayment

20%

$32,660

Closing costs

1%

$1,633

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,082

Total Expenses

$1,859

Mortgage P&I

41%

$852

Property Taxes

12%

$242

Home Insurance

3%

$58

HOA

0%

$0

Property Management

12%

$250

CapEx

4%

$83

Vacancy

3%

$62

Maintenance

4%

$83

Other

11%

$229

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