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$4,068 (target)

800 Shore Line Dr, Wichita Falls, TX 76308

3 beds • 2 baths • 2005 sqft

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This property might be a fair Mid-Term investment with a projected 6.09% first-year return on $89,841 initial cash invested.

6.09%

Cash On Cash

8.21%

Cap Rate

1.36

DSCR

$4,068

Rent

$456

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,068 income − $3,612 expenses = $456 cash flow

Income$4,068Mortgage P&I$1,72242%Property Taxes$3859%Insurance$1223%Management$48812%CapEx$1634%Vacancy$1223%Maintenance$1634%Other$44711%Cash Flow$456

Investment Breakdown

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Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,841

Downpayment

20%

$68,420

Closing costs

1%

$3,421

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,068

Total Expenses

$3,612

Mortgage P&I

42%

$1,722

Property Taxes

9%

$385

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$488

CapEx

4%

$163

Vacancy

3%

$122

Maintenance

4%

$163

Other

11%

$447

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