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2129 Megan Creek Dr, Little Elm, TX 75068

3 beds • 2 baths • 2212 sqft

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This property looks like a bad Long-Term investment with a projected -13.92% first-year return on $86,982 initial cash invested.

-13.92%

Cash On Cash

3.36%

Cap Rate

0.57

DSCR

$2,674

Rent

-$1,009

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$414k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,982

Downpayment

20%

$82,840

Closing costs

1%

$4,142

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,674

Total Expenses

$3,683

Mortgage P&I

76%

$2,034

Property Taxes

29%

$774

Home Insurance

6%

$149

HOA

1%

$31

Property Management

10%

$267

CapEx

5%

$134

Vacancy

6%

$160

Maintenance

5%

$134

Other

0%

$0

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