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$3,234 (target)

812 Vz County Road 3424, Wills Point, TX 75169

3 beds • 2 baths • 1838 sqft

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This property looks like a bad Mid-Term investment with a projected -8.43% first-year return on $139k initial cash invested.

-8.43%

Cash On Cash

4.3%

Cap Rate

0.71

DSCR

$3,234

Rent

-$975

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,234 income − $4,209 expenses = $975 out of pocket

Income$3,234Out of Pocket$975Mortgage P&I$2,90590%Property Taxes$4Insurance$2016%Management$38812%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35611%

Investment Breakdown

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Purchase Price

$575k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$139k

Downpayment

20%

$115k

Closing costs

1%

$5,750

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,234

Total Expenses

$4,209

Mortgage P&I

90%

$2,905

Property Taxes

0%

$4

Home Insurance

6%

$201

HOA

0%

$0

Property Management

12%

$388

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$356

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