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1116 Southwood Dr, Desoto, TX 75115

3 beds • 3 baths • 2076 sqft

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This property looks like a bad Mid-Term investment with a projected -1.67% first-year return on $85,263 initial cash invested.

-1.67%

Cash On Cash

5.9%

Cap Rate

1.01

DSCR

$3,524

Rent

-$119

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,263

Downpayment

20%

$64,060

Closing costs

1%

$3,203

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,524

Total Expenses

$3,643

Mortgage P&I

44%

$1,553

Property Taxes

22%

$777

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$423

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$388

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