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$4,654 (target)

230 Double Creek Dr, Midlothian, TX 76065

3 beds • 3 baths • 2163 sqft

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This property might be a fair Mid-Term investment with a projected 0.52% first-year return on $108k initial cash invested.

0.52%

Cash On Cash

6.73%

Cap Rate

1.11

DSCR

$4,654

Rent

$47

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,654 income − $4,607 expenses = $47 cash flow

Income$4,654Mortgage P&I$2,17747%Property Taxes$66314%Insurance$1503%HOA$351%Management$55812%CapEx$1864%Vacancy$1403%Maintenance$1864%Other$51211%Cash Flow$47

Investment Breakdown

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Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$86,000

Closing costs

1%

$4,300

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,654

Total Expenses

$4,607

Mortgage P&I

47%

$2,177

Property Taxes

14%

$663

Home Insurance

3%

$150

HOA

1%

$35

Property Management

12%

$558

CapEx

4%

$186

Vacancy

3%

$140

Maintenance

4%

$186

Other

11%

$512

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