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120 Cedar Springs Blvd, Sulphur Springs, TX 75482
3 beds • 2 baths • 2422 sqft
$279,500
View on ZillowThis property looks like a bad Long-Term investment with a projected -10.06% first-year return on $58,695 initial cash invested.
-10.06%
Cash On Cash
4.87%
Cap Rate
0.74
DSCR
$1,904
Rent
-$492
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,904 income − $2,396 expenses = $492 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,695
Downpayment
20%
$55,900
Closing costs
1%
$2,795
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,904
Total Expenses
$2,396
Mortgage P&I
80%
$1,532
Property Taxes
14%
$272
Home Insurance
5%
$98
HOA
0%
$0
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0