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1509 Pecos St, Mesquite, TX 75150

3 beds • 2 baths • 1604 sqft

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This property looks like a bad Long-Term investment with a projected -5.59% first-year return on $48,300 initial cash invested.

-5.59%

Cash On Cash

5.58%

Cap Rate

0.9

DSCR

$2,100

Rent

-$225

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,300

Downpayment

20%

$46,000

Closing costs

1%

$2,300

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,100

Total Expenses

$2,325

Mortgage P&I

57%

$1,190

Property Taxes

24%

$509

Home Insurance

4%

$80

HOA

0%

$0

Property Management

10%

$210

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1409 Pecos St, Mesquite, TX 75150

$1,850

3

2

1604

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0.2 mi

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

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$2,850

5

4

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0.6 mi

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2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

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0.6 mi

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