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4408 Phillips Dr, Wichita Falls, TX 76308

3 beds • 2 baths • 1461 sqft

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This property looks like a bad Long-Term investment with a projected -3.01% first-year return on $37,842 initial cash invested.

-3.01%

Cash On Cash

5.94%

Cap Rate

0.98

DSCR

$1,548

Rent

-$95

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,842

Downpayment

20%

$36,040

Closing costs

1%

$1,802

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,548

Total Expenses

$1,643

Mortgage P&I

59%

$910

Property Taxes

17%

$267

Home Insurance

4%

$64

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

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