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$2,187 (target)

4611 Alamo Dr, Wichita Falls, TX 76302

3 beds • 2 baths • 1180 sqft

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This property might be a fair Mid-Term investment with a projected 6.79% first-year return on $53,406 initial cash invested.

6.79%

Cash On Cash

9.15%

Cap Rate

1.43

DSCR

$2,187

Rent

$302

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,187 income − $1,885 expenses = $302 cash flow

Income$2,187Mortgage P&I$89741%Property Taxes$1989%Insurance$472%Management$26212%CapEx$874%Vacancy$663%Maintenance$874%Other$24111%Cash Flow$302

Investment Breakdown

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Purchase Price

$169k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,406

Downpayment

20%

$33,720

Closing costs

1%

$1,686

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,187

Total Expenses

$1,885

Mortgage P&I

41%

$897

Property Taxes

9%

$198

Home Insurance

2%

$47

HOA

0%

$0

Property Management

12%

$262

CapEx

4%

$87

Vacancy

3%

$66

Maintenance

4%

$87

Other

11%

$241

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