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$2,589 (target)

1616 McDougall Crk, Van Alstyne, TX 75495

3 beds • 3 baths • 2273 sqft

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This property looks like a bad Long-Term investment with a projected -20.51% first-year return on $93,450 initial cash invested.

-20.51%

Cash On Cash

2.24%

Cap Rate

0.36

DSCR

$2,589

Rent

-$1,597

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,589 income − $4,186 expenses = $1,597 out of pocket

Income$2,589Out of Pocket$1,597Mortgage P&I$2,29889%Property Taxes$1,06041%Insurance$1566%Management$25910%CapEx$1295%Vacancy$1556%Maintenance$1295%

Investment Breakdown

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Purchase Price

$445k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,450

Downpayment

20%

$89,000

Closing costs

1%

$4,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,589

Total Expenses

$4,186

Mortgage P&I

89%

$2,298

Property Taxes

41%

$1,060

Home Insurance

6%

$156

HOA

0%

$0

Property Management

10%

$259

CapEx

5%

$129

Vacancy

6%

$155

Maintenance

5%

$129

Other

0%

$0

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