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$3,798 (target)

8502 Ponderosa Rd, Wichita Falls, TX 76308

3 beds • 2 baths • 3113 sqft

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This property looks like a bad Mid-Term investment with a projected -6.78% first-year return on $116k initial cash invested.

-6.78%

Cash On Cash

4.68%

Cap Rate

0.78

DSCR

$3,798

Rent

-$653

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,798 income − $4,451 expenses = $653 out of pocket

Income$3,798Out of Pocket$653Mortgage P&I$2,31461%Property Taxes$68218%Insurance$1634%Management$45612%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41811%

Investment Breakdown

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Purchase Price

$465k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,000

Closing costs

1%

$4,650

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,798

Total Expenses

$4,451

Mortgage P&I

61%

$2,314

Property Taxes

18%

$682

Home Insurance

4%

$163

HOA

0%

$0

Property Management

12%

$456

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$418

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