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1176 Horizon Trace Dr, Azle, TX 76020

3 beds • 2 baths • 2244 sqft

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This property looks like a bad Long-Term investment with a projected -19.24% first-year return on $116k initial cash invested.

-19.24%

Cash On Cash

1.99%

Cap Rate

0.34

DSCR

$2,240

Rent

-$1,852

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$110k

Closing costs

1%

$5,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,240

Total Expenses

$4,092

Mortgage P&I

118%

$2,651

Property Taxes

30%

$667

Home Insurance

9%

$192

HOA

0%

$0

Property Management

10%

$224

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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