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2157 Falcon Ridge Dr, Carrollton, TX 75010

3 beds • 3 baths • 1492 sqft

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This property looks like a bad Long-Term investment with a projected -12.25% first-year return on $75,642 initial cash invested.

-12.25%

Cash On Cash

3.76%

Cap Rate

0.63

DSCR

$2,320

Rent

-$772

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,642

Downpayment

20%

$72,040

Closing costs

1%

$3,602

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,320

Total Expenses

$3,092

Mortgage P&I

77%

$1,784

Property Taxes

25%

$583

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

2153 Falcon Ridge Dr, Carrollton, TX 75010

$2,200

3

2.5

1492

0 mi

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$2,315

3

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0.3 mi

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4

2

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1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

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$2,850

5

4

3030

0.6 mi

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$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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