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$3,993 (target)

2033 Piedmont Dr, Lewisville, TX 75067

3 beds • 2 baths • 1869 sqft

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This property might be a fair Mid-Term investment with a projected 0.7% first-year return on $96,666 initial cash invested.

0.7%

Cash On Cash

6.82%

Cap Rate

1.11

DSCR

$3,993

Rent

$56

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,993 income − $3,937 expenses = $56 cash flow

Income$3,993Mortgage P&I$1,91348%Property Taxes$53113%Insurance$1353%Management$47912%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$43911%Cash Flow$56

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,666

Downpayment

20%

$74,920

Closing costs

1%

$3,746

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,993

Total Expenses

$3,937

Mortgage P&I

48%

$1,913

Property Taxes

13%

$531

Home Insurance

3%

$135

HOA

0%

$0

Property Management

12%

$479

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$439

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