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$3,538 (target)

6929 Wooddale Dr, Watauga, TX 76148

3 beds • 2 baths • 1698 sqft

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This property looks like a bad Mid-Term investment with a projected -2.74% first-year return on $92,382 initial cash invested.

-2.74%

Cash On Cash

5.94%

Cap Rate

0.96

DSCR

$3,538

Rent

-$211

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,538 income − $3,749 expenses = $211 out of pocket

Income$3,538Out of Pocket$211Mortgage P&I$1,82352%Property Taxes$59617%Insurance$1264%Management$42512%CapEx$1424%Vacancy$1063%Maintenance$1424%Other$38911%

Investment Breakdown

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Purchase Price

$354k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,382

Downpayment

20%

$70,840

Closing costs

1%

$3,542

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,538

Total Expenses

$3,749

Mortgage P&I

52%

$1,823

Property Taxes

17%

$596

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$425

CapEx

4%

$142

Vacancy

3%

$106

Maintenance

4%

$142

Other

11%

$389

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