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$5,457 (target)

2135 Lake Estates Dr, Rockwall, TX 75032

3 beds • 3 baths • 2863 sqft

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This property looks like a bad Mid-Term investment with a projected -9.93% first-year return on $185k initial cash invested.

-9.93%

Cash On Cash

3.94%

Cap Rate

0.67

DSCR

$5,457

Rent

-$1,534

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,457 income − $6,991 expenses = $1,534 out of pocket

Income$5,457Out of Pocket$1,534Mortgage P&I$3,93672%Property Taxes$83615%Insurance$2895%HOA$751%Management$65512%CapEx$2184%Vacancy$1643%Maintenance$2184%Other$60011%

Investment Breakdown

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Purchase Price

$797k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$185k

Downpayment

20%

$159k

Closing costs

1%

$7,971

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,457

Total Expenses

$6,991

Mortgage P&I

72%

$3,936

Property Taxes

15%

$836

Home Insurance

5%

$289

HOA

1%

$75

Property Management

12%

$655

CapEx

4%

$218

Vacancy

3%

$164

Maintenance

4%

$218

Other

11%

$600

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