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$5,985 (target)

1209 Spruce Dr, Richardson, TX 75080

3 beds • 3 baths • 1801 sqft

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This property might be a fair Mid-Term investment with a projected 3.17% first-year return on $123k initial cash invested.

3.17%

Cash On Cash

7.79%

Cap Rate

1.21

DSCR

$5,985

Rent

$324

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,985 income − $5,661 expenses = $324 cash flow

Income$5,985Mortgage P&I$2,67645%Property Taxes$77613%Insurance$1753%Management$71812%CapEx$2394%Vacancy$1803%Maintenance$2394%Other$65811%Cash Flow$324

Investment Breakdown

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Purchase Price

$499k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,800

Closing costs

1%

$4,990

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,985

Total Expenses

$5,661

Mortgage P&I

45%

$2,676

Property Taxes

13%

$776

Home Insurance

3%

$175

HOA

0%

$0

Property Management

12%

$718

CapEx

4%

$239

Vacancy

3%

$180

Maintenance

4%

$239

Other

11%

$658

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