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1602 Park Pl, Irving, TX 75061

3 beds • 2 baths • 1224 sqft

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This property might be a fair Mid-Term investment with a projected 5.38% first-year return on $68,421 initial cash invested.

5.38%

Cash On Cash

8.22%

Cap Rate

1.36

DSCR

$3,186

Rent

$307

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$240k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,421

Downpayment

20%

$48,020

Closing costs

1%

$2,401

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,186

Total Expenses

$2,879

Mortgage P&I

38%

$1,211

Property Taxes

16%

$500

Home Insurance

3%

$86

HOA

0%

$0

Property Management

12%

$382

CapEx

4%

$127

Vacancy

3%

$96

Maintenance

4%

$127

Other

11%

$350

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