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$3,326 (target)

1425 Turtle Cove Dr, Little Elm, TX 75068

3 beds • 2 baths • 1437 sqft

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This property looks like a bad Mid-Term investment with a projected -0.23% first-year return on $85,200 initial cash invested.

-0.23%

Cash On Cash

6.46%

Cap Rate

1.07

DSCR

$3,326

Rent

-$16

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,326 income − $3,342 expenses = $16 out of pocket

Income$3,326Out of Pocket$16Mortgage P&I$1,60648%Property Taxes$49315%Insurance$1123%Management$39912%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36611%

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,200

Downpayment

20%

$64,000

Closing costs

1%

$3,200

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,326

Total Expenses

$3,342

Mortgage P&I

48%

$1,606

Property Taxes

15%

$493

Home Insurance

3%

$112

HOA

0%

$0

Property Management

12%

$399

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$366

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