Zip Code 79104Amarillo, TX

🟢STRONGexcellent cash flow market

Cap Rate

10.0%

Monthly Cash Flow

+$356

Median Home Price

$118,769

DSCR

1.56

Fair Market Rents

Studio
$720/mo
1 Bedroom
$840/mo
2 Bedroom
$1,030/mo
3 Bedroom
$1,410/mo
4 Bedroom
$1,640/mo

Investment Metrics

Cap Rate
10.0%
Cash-on-Cash Return
15.6%
Price-to-Rent Ratio
7.0
1% Rule
1.19%
Gross Rent Multiplier
7.0
Vacancy Rate
8.0%

Assumptions Used

20% down payment, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

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