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$3,460 (target)

1701 E Lake Dr, Weatherford, TX 76087

3 beds • 3 baths • 1500 sqft

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This property looks like a bad Mid-Term investment with a projected -9.66% first-year return on $147k initial cash invested.

-9.66%

Cash On Cash

3.99%

Cap Rate

0.66

DSCR

$3,460

Rent

-$1,185

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,460 income − $4,645 expenses = $1,185 out of pocket

Income$3,460Out of Pocket$1,185Mortgage P&I$3,09189%Property Taxes$1635%Insurance$2156%Management$41512%CapEx$1384%Vacancy$1043%Maintenance$1384%Other$38111%

Investment Breakdown

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Purchase Price

$615k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$123k

Closing costs

1%

$6,150

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,460

Total Expenses

$4,645

Mortgage P&I

89%

$3,091

Property Taxes

5%

$163

Home Insurance

6%

$215

HOA

0%

$0

Property Management

12%

$415

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$381

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