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1424 Homestead Ct, Irving, TX 75061

4 beds • 4 baths • 3255 sqft

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This property looks like a bad Long-Term investment with a projected -19.95% first-year return on $105k initial cash invested.

-19.95%

Cash On Cash

2.1%

Cap Rate

0.35

DSCR

$2,380

Rent

-$1,746

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$100,000

Closing costs

1%

$5,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,380

Total Expenses

$4,126

Mortgage P&I

105%

$2,502

Property Taxes

35%

$830

Home Insurance

7%

$175

HOA

0%

$0

Property Management

10%

$238

CapEx

5%

$119

Vacancy

6%

$143

Maintenance

5%

$119

Other

0%

$0

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