REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,850 (target)

8283 Carriage Ln, Wichita Falls, TX 76305

3 beds • 3 baths • 2119 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.46% first-year return on $86,250 initial cash invested.

3.46%

Cash On Cash

7.76%

Cap Rate

1.24

DSCR

$3,850

Rent

$249

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,850 income − $3,601 expenses = $249 cash flow

Income$3,850Mortgage P&I$1,70044%Property Taxes$47712%Insurance$1143%Management$46212%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42411%Cash Flow$249

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,850

Total Expenses

$3,601

Mortgage P&I

44%

$1,700

Property Taxes

12%

$477

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$462

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$424

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis