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5317 Lake Shore Dr, Wichita Falls, TX 76310

3 beds • 2 baths • 1798 sqft

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This property looks like a bad Airbnb investment with a projected -1.04% first-year return on $68,400 initial cash invested.

-1.04%

Cash On Cash

6.58%

Cap Rate

1.05

DSCR

$3,127

Rent

-$59

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,400

Downpayment

20%

$48,000

Closing costs

1%

$2,400

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,127

Total Expenses

$3,186

Mortgage P&I

40%

$1,249

Property Taxes

11%

$352

Home Insurance

3%

$84

HOA

0%

$0

Property Management

15%

$469

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$782

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