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$2,908 (target)

8303 Ranier Dr, Amarillo, TX 79110

3 beds • 2 baths • 1588 sqft

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This property might be a fair Mid-Term investment with a projected 3.35% first-year return on $74,826 initial cash invested.

3.35%

Cash On Cash

7.47%

Cap Rate

1.24

DSCR

$2,908

Rent

$209

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,908 income − $2,699 expenses = $209 cash flow

Income$2,908Mortgage P&I$1,35947%Property Taxes$2569%Insurance$963%Management$34912%CapEx$1164%Vacancy$873%Maintenance$1164%Other$32011%Cash Flow$209

Investment Breakdown

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Purchase Price

$271k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,826

Downpayment

20%

$54,120

Closing costs

1%

$2,706

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,908

Total Expenses

$2,699

Mortgage P&I

47%

$1,359

Property Taxes

9%

$256

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$349

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$320

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