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1811 Clear Summit Ln, Mansfield, TX 76063

3 beds • 2 baths • 2554 sqft

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This property might be a fair Mid-Term investment with a projected 0.22% first-year return on $118k initial cash invested.

0.22%

Cash On Cash

6.46%

Cap Rate

1.1

DSCR

$5,109

Rent

$22

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$474k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$94,780

Closing costs

1%

$4,739

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,109

Total Expenses

$5,087

Mortgage P&I

46%

$2,326

Property Taxes

17%

$847

Home Insurance

3%

$170

HOA

0%

$8

Property Management

12%

$613

CapEx

4%

$204

Vacancy

3%

$153

Maintenance

4%

$204

Other

11%

$562

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