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1613 Rancho Dr, Mesquite, TX 75149

3 beds • 2 baths • 1780 sqft

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This property looks like a bad Long-Term investment with a projected -9.5% first-year return on $63,000 initial cash invested.

-9.5%

Cash On Cash

4.52%

Cap Rate

0.74

DSCR

$2,230

Rent

-$499

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,230

Total Expenses

$2,729

Mortgage P&I

68%

$1,516

Property Taxes

24%

$527

Home Insurance

5%

$105

HOA

0%

$0

Property Management

10%

$223

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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Comparable Property

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SQFT

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1

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$1,100

2

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$2,850

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