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1038 Fairview Ct, Mesquite, TX 75181

3 beds • 2 baths • 1769 sqft

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This property might be a fair Mid-Term investment with a projected 5.12% first-year return on $76,002 initial cash invested.

5.12%

Cash On Cash

7.83%

Cap Rate

1.35

DSCR

$3,506

Rent

$324

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$276k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,002

Downpayment

20%

$55,240

Closing costs

1%

$2,762

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,506

Total Expenses

$3,182

Mortgage P&I

38%

$1,339

Property Taxes

16%

$553

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$421

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$386

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