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$3,183 (target)

127 Abelia Dr, Fate, TX 75189

3 beds • 2 baths • 1630 sqft

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This property looks like a bad Mid-Term investment with a projected -1.95% first-year return on $76,779 initial cash invested.

-1.95%

Cash On Cash

6.09%

Cap Rate

1

DSCR

$3,183

Rent

-$125

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,183 income − $3,308 expenses = $125 out of pocket

Income$3,183Out of Pocket$125Mortgage P&I$1,41845%Property Taxes$65120%Insurance$983%HOA$602%Management$38212%CapEx$1274%Vacancy$953%Maintenance$1274%Other$35011%

Investment Breakdown

|

Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,779

Downpayment

20%

$55,980

Closing costs

1%

$2,799

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,183

Total Expenses

$3,308

Mortgage P&I

45%

$1,418

Property Taxes

20%

$651

Home Insurance

3%

$98

HOA

2%

$60

Property Management

12%

$382

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$350

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