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$3,354 (target)

1039 Oak Meadow Ln, Desoto, TX 75115

3 beds • 2 baths • 1903 sqft

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This property might be a fair Mid-Term investment with a projected 1.97% first-year return on $74,280 initial cash invested.

1.97%

Cash On Cash

7.34%

Cap Rate

1.18

DSCR

$3,354

Rent

$122

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,354 income − $3,232 expenses = $122 cash flow

Income$3,354Mortgage P&I$1,38441%Property Taxes$61418%Insurance$943%Management$40212%CapEx$1344%Vacancy$1013%Maintenance$1344%Other$36911%Cash Flow$122

Investment Breakdown

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Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,280

Downpayment

20%

$53,600

Closing costs

1%

$2,680

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,354

Total Expenses

$3,232

Mortgage P&I

41%

$1,384

Property Taxes

18%

$614

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$369

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