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1640 Flagstone Ln, Little Elm, TX 75068

3 beds • 2 baths • 1868 sqft

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This property looks like a bad Mid-Term investment with a projected -1.72% first-year return on $88,644 initial cash invested.

-1.72%

Cash On Cash

5.91%

Cap Rate

1

DSCR

$3,338

Rent

-$127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,644

Downpayment

20%

$67,280

Closing costs

1%

$3,364

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,338

Total Expenses

$3,465

Mortgage P&I

49%

$1,651

Property Taxes

16%

$526

Home Insurance

4%

$119

HOA

1%

$33

Property Management

12%

$401

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$367

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