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1823 Ridgebrook Dr, Arlington, TX 76015

3 beds • 2 baths • 1898 sqft

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This property looks like a bad Mid-Term investment with a projected -1.7% first-year return on $91,500 initial cash invested.

-1.7%

Cash On Cash

5.87%

Cap Rate

1

DSCR

$3,334

Rent

-$130

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,334

Total Expenses

$3,464

Mortgage P&I

51%

$1,708

Property Taxes

15%

$501

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$400

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$367

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