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$3,364 (target)

1702 Lazy U Dr, Canton, TX 75103

3 beds • 2 baths • 1575 sqft

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This property might be a fair Mid-Term investment with a projected 9.13% first-year return on $72,579 initial cash invested.

9.13%

Cash On Cash

9.24%

Cap Rate

1.52

DSCR

$3,364

Rent

$552

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,364 income − $2,812 expenses = $552 cash flow

Income$3,364Mortgage P&I$1,31439%Property Taxes$2628%Insurance$913%Management$40412%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37011%Cash Flow$552

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,364

Total Expenses

$2,812

Mortgage P&I

39%

$1,314

Property Taxes

8%

$262

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$404

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$370

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