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4608 Hollandale Ave, Wichita Falls, TX 76302

4 beds • 3 baths • 2042 sqft

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This property looks like a bad Airbnb investment with a projected -1.49% first-year return on $69,990 initial cash invested.

-1.49%

Cash On Cash

6.09%

Cap Rate

1.02

DSCR

$2,696

Rent

-$87

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$219k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,990

Downpayment

20%

$43,800

Closing costs

1%

$2,190

Rehab

0%

$0

Furnishing

11%

$24,000

Cashflow

Total Income

$2,696

Total Expenses

$2,783

Mortgage P&I

40%

$1,091

Property Taxes

12%

$321

Home Insurance

3%

$77

HOA

0%

$0

Property Management

15%

$404

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$674

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