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$2,580 (target)

202 Forgotten Ln, Mabank, TX 75156

3 beds • 2 baths • 1550 sqft

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This property could be a profitable Mid-Term investment with a projected 33.29% first-year return on $39,000 initial cash invested.

33.29%

Cash On Cash

20.45%

Cap Rate

3.28

DSCR

$2,580

Rent

$1,082

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,580 income − $1,498 expenses = $1,082 cash flow

Income$2,580Mortgage P&I$51920%Property Taxes$673%Insurance$351%Management$31012%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28411%Cash Flow$1,082

Investment Breakdown

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Purchase Price

$100,000

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,000

Downpayment

20%

$20,000

Closing costs

1%

$1,000

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$2,580

Total Expenses

$1,498

Mortgage P&I

20%

$519

Property Taxes

3%

$67

Home Insurance

1%

$35

HOA

0%

$0

Property Management

12%

$310

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$284

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