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603 Ross Ave, Wichita Falls, TX 76306

3 beds • 1 baths • 1500 sqft

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This property could be a profitable Airbnb investment with a projected 40.18% first-year return on $24,279 initial cash invested.

40.18%

Cash On Cash

42.06%

Cap Rate

7.03

DSCR

$2,157

Rent

$813

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$29,900

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$24,279

Downpayment

20%

$5,980

Closing costs

1%

$299

Rehab

0%

$0

Furnishing

60%

$18,000

Cashflow

Total Income

$2,157

Total Expenses

$1,344

Mortgage P&I

7%

$149

Property Taxes

7%

$150

Home Insurance

0%

$10

HOA

0%

$0

Property Management

15%

$324

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$539

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