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1211 Terrace Dr, Mesquite, TX 75150

4 beds • 2 baths • 2218 sqft

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This property looks like a bad Long-Term investment with a projected -15.9% first-year return on $75,600 initial cash invested.

-15.9%

Cash On Cash

3.1%

Cap Rate

0.51

DSCR

$2,270

Rent

-$1,002

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,600

Downpayment

20%

$72,000

Closing costs

1%

$3,600

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,270

Total Expenses

$3,272

Mortgage P&I

80%

$1,819

Property Taxes

32%

$736

Home Insurance

6%

$126

HOA

0%

$0

Property Management

10%

$227

CapEx

5%

$114

Vacancy

6%

$136

Maintenance

5%

$114

Other

0%

$0

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