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803 Avenue U, Shallowater, TX 79363

3 beds • 4 baths • 3163 sqft

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This property looks like a bad Mid-Term investment with a projected -6.83% first-year return on $191k initial cash invested.

-6.83%

Cash On Cash

4.59%

Cap Rate

0.79

DSCR

$6,153

Rent

-$1,088

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$825k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$191k

Downpayment

20%

$165k

Closing costs

1%

$8,250

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,153

Total Expenses

$7,241

Mortgage P&I

65%

$3,996

Property Taxes

14%

$864

Home Insurance

5%

$289

HOA

0%

$0

Property Management

12%

$738

CapEx

4%

$246

Vacancy

3%

$185

Maintenance

4%

$246

Other

11%

$677

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