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$3,752 (target)

2217 Lockwood Dr, Carrollton, TX 75007

3 beds • 2 baths • 1277 sqft

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This property could be a profitable Mid-Term investment with a projected 15.4% first-year return on $64,830 initial cash invested.

15.4%

Cash On Cash

11.72%

Cap Rate

1.82

DSCR

$3,752

Rent

$832

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,752 income − $2,920 expenses = $832 cash flow

Income$3,752Mortgage P&I$1,19632%Property Taxes$37010%Insurance$782%Management$45012%CapEx$1504%Vacancy$1133%Maintenance$1504%Other$41311%Cash Flow$832

Investment Breakdown

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Purchase Price

$223k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,830

Downpayment

20%

$44,600

Closing costs

1%

$2,230

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,752

Total Expenses

$2,920

Mortgage P&I

32%

$1,196

Property Taxes

10%

$370

Home Insurance

2%

$78

HOA

0%

$0

Property Management

12%

$450

CapEx

4%

$150

Vacancy

3%

$113

Maintenance

4%

$150

Other

11%

$413

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