REI Lense

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$1,458 (target)

4611 Alamo Dr, Wichita Falls, TX 76302

3 beds • 2 baths • 1180 sqft

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This property looks like a bad Long-Term investment with a projected -2.14% first-year return on $35,406 initial cash invested.

-2.14%

Cash On Cash

6.46%

Cap Rate

1.01

DSCR

$1,458

Rent

-$63

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,458 income − $1,521 expenses = $63 out of pocket

Income$1,458Out of Pocket$63Mortgage P&I$89762%Property Taxes$19814%Insurance$473%Management$14610%CapEx$735%Vacancy$876%Maintenance$735%

Investment Breakdown

|

Purchase Price

$169k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,406

Downpayment

20%

$33,720

Closing costs

1%

$1,686

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,458

Total Expenses

$1,521

Mortgage P&I

62%

$897

Property Taxes

14%

$198

Home Insurance

3%

$47

HOA

0%

$0

Property Management

10%

$146

CapEx

5%

$73

Vacancy

6%

$87

Maintenance

5%

$73

Other

0%

$0

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