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$4,917 (target)

103 Cedar Dr, Red Oak, TX 75154

3 beds • 2 baths • 2594 sqft

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This property might be a fair Mid-Term investment with a projected 2.31% first-year return on $118k initial cash invested.

2.31%

Cash On Cash

6.97%

Cap Rate

1.18

DSCR

$4,917

Rent

$227

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,917 income − $4,690 expenses = $227 cash flow

Income$4,917Mortgage P&I$2,33347%Property Taxes$51811%Insurance$1663%Management$59012%CapEx$1974%Vacancy$1483%Maintenance$1974%Other$54111%Cash Flow$227

Investment Breakdown

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Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,917

Total Expenses

$4,690

Mortgage P&I

47%

$2,333

Property Taxes

11%

$518

Home Insurance

3%

$166

HOA

0%

$0

Property Management

12%

$590

CapEx

4%

$197

Vacancy

3%

$148

Maintenance

4%

$197

Other

11%

$541

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