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2048 Waterfield Ct, Grand Prairie, TX 75052

3 beds • 2 baths • 1434 sqft

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This property looks like a bad Long-Term investment with a projected -11.78% first-year return on $64,386 initial cash invested.

-11.78%

Cash On Cash

4%

Cap Rate

0.66

DSCR

$2,150

Rent

-$632

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$307k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,386

Downpayment

20%

$61,320

Closing costs

1%

$3,066

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,150

Total Expenses

$2,782

Mortgage P&I

72%

$1,547

Property Taxes

25%

$537

Home Insurance

5%

$108

HOA

1%

$30

Property Management

10%

$215

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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