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$4,017 (target)

214 Lawson Farms Dr, Midlothian, TX 76065

3 beds • 2 baths • 1838 sqft

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This property might be a fair Mid-Term investment with a projected 2.63% first-year return on $90,950 initial cash invested.

2.63%

Cash On Cash

7.27%

Cap Rate

1.21

DSCR

$4,017

Rent

$199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,017 income − $3,818 expenses = $199 cash flow

Income$4,017Mortgage P&I$1,74543%Property Taxes$54914%Insurance$1223%HOA$351%Management$48212%CapEx$1614%Vacancy$1213%Maintenance$1614%Other$44211%Cash Flow$199

Investment Breakdown

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Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,950

Downpayment

20%

$69,476

Closing costs

1%

$3,474

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,017

Total Expenses

$3,818

Mortgage P&I

43%

$1,745

Property Taxes

14%

$549

Home Insurance

3%

$122

HOA

1%

$35

Property Management

12%

$482

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$442

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