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$1,477 (target)

909 S Milam St, Amarillo, TX 79102

3 beds • 2 baths • 0 sqft

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This property looks like a bad Long-Term investment with a projected -3.26% first-year return on $34,629 initial cash invested.

-3.26%

Cash On Cash

6.11%

Cap Rate

0.98

DSCR

$1,477

Rent

-$94

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,477 income − $1,571 expenses = $94 out of pocket

Income$1,477Out of Pocket$94Mortgage P&I$86058%Property Taxes$26818%Insurance$584%Management$14810%CapEx$745%Vacancy$896%Maintenance$745%

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,629

Downpayment

20%

$32,980

Closing costs

1%

$1,649

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,477

Total Expenses

$1,571

Mortgage P&I

58%

$860

Property Taxes

18%

$268

Home Insurance

4%

$58

HOA

0%

$0

Property Management

10%

$148

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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