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$3,135 (target)

112 Forestwood Dr, Corinth, TX 76210

3 beds • 2 baths • 1656 sqft

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This property might be a fair Mid-Term investment with a projected 1.49% first-year return on $76,317 initial cash invested.

1.49%

Cash On Cash

6.98%

Cap Rate

1.16

DSCR

$3,135

Rent

$95

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,135 income − $3,040 expenses = $95 cash flow

Income$3,135Mortgage P&I$1,39645%Property Taxes$47815%Insurance$1013%Management$37612%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34511%Cash Flow$95

Investment Breakdown

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Purchase Price

$278k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,317

Downpayment

20%

$55,540

Closing costs

1%

$2,777

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,135

Total Expenses

$3,040

Mortgage P&I

45%

$1,396

Property Taxes

15%

$478

Home Insurance

3%

$101

HOA

0%

$0

Property Management

12%

$376

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$345

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