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1231 Evergreen Dr, Richardson, TX 75080

3 beds • 2 baths • 1481 sqft

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This property looks like a bad Long-Term investment with a projected -15.64% first-year return on $88,767 initial cash invested.

-15.64%

Cash On Cash

3.13%

Cap Rate

0.52

DSCR

$2,540

Rent

-$1,157

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$423k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,767

Downpayment

20%

$84,540

Closing costs

1%

$4,227

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,540

Total Expenses

$3,697

Mortgage P&I

84%

$2,133

Property Taxes

30%

$767

Home Insurance

5%

$137

HOA

0%

$0

Property Management

10%

$254

CapEx

5%

$127

Vacancy

6%

$152

Maintenance

5%

$127

Other

0%

$0

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$2,850

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