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2011 Nectar Dr, Mesquite, TX 75149

3 beds • 2 baths • 1469 sqft

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This property looks like a bad Long-Term investment with a projected -7.97% first-year return on $49,980 initial cash invested.

-7.97%

Cash On Cash

5.03%

Cap Rate

0.81

DSCR

$1,990

Rent

-$332

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$238k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,980

Downpayment

20%

$47,600

Closing costs

1%

$2,380

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,990

Total Expenses

$2,322

Mortgage P&I

62%

$1,230

Property Taxes

25%

$490

Home Insurance

4%

$84

HOA

0%

$0

Property Management

10%

$199

CapEx

5%

$100

Vacancy

6%

$119

Maintenance

5%

$100

Other

0%

$0

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