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$3,130 (target)

1448 Knottingham Dr, Little Elm, TX 75068

3 beds • 2 baths • 1585 sqft

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This property looks like a bad Mid-Term investment with a projected -3.44% first-year return on $86,250 initial cash invested.

-3.44%

Cash On Cash

5.53%

Cap Rate

0.92

DSCR

$3,130

Rent

-$247

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,130 income − $3,377 expenses = $247 out of pocket

Income$3,130Out of Pocket$247Mortgage P&I$1,62052%Property Taxes$54617%Insurance$1144%HOA$331%Management$37612%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34411%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,130

Total Expenses

$3,377

Mortgage P&I

52%

$1,620

Property Taxes

17%

$546

Home Insurance

4%

$114

HOA

1%

$33

Property Management

12%

$376

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$344

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