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4947 Olympic Dr, Wichita Falls, TX 76310

3 beds • 2 baths • 1900 sqft

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This property looks like a bad Long-Term investment with a projected -9.01% first-year return on $81,375 initial cash invested.

-9.01%

Cash On Cash

4.43%

Cap Rate

0.75

DSCR

$2,701

Rent

-$611

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$388k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,375

Downpayment

20%

$77,500

Closing costs

1%

$3,875

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,701

Total Expenses

$3,312

Mortgage P&I

71%

$1,906

Property Taxes

21%

$568

Home Insurance

5%

$136

HOA

0%

$0

Property Management

10%

$270

CapEx

5%

$135

Vacancy

6%

$162

Maintenance

5%

$135

Other

0%

$0

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