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$3,020 (target)

2009 Smokey Mountain Trl, Mesquite, TX 75149

3 beds • 2 baths • 1626 sqft

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This property looks like a bad Mid-Term investment with a projected -1.71% first-year return on $74,490 initial cash invested.

-1.71%

Cash On Cash

6.47%

Cap Rate

1.01

DSCR

$3,020

Rent

-$106

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,020 income − $3,126 expenses = $106 out of pocket

Income$3,020Out of Pocket$106Mortgage P&I$1,43648%Property Taxes$56919%Insurance$943%Management$36212%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33211%

Investment Breakdown

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Purchase Price

$269k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,490

Downpayment

20%

$53,800

Closing costs

1%

$2,690

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,020

Total Expenses

$3,126

Mortgage P&I

48%

$1,436

Property Taxes

19%

$569

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$362

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$332

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