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$4,406 (target)

2306 Norwich Dr, Carrollton, TX 75006

3 beds • 2 baths • 1655 sqft

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This property might be a fair Mid-Term investment with a projected 1.33% first-year return on $104k initial cash invested.

1.33%

Cash On Cash

6.88%

Cap Rate

1.14

DSCR

$4,406

Rent

$115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,406 income − $4,291 expenses = $115 cash flow

Income$4,406Mortgage P&I$2,05647%Property Taxes$59413%Insurance$1433%Management$52912%CapEx$1764%Vacancy$1323%Maintenance$1764%Other$48511%Cash Flow$115

Investment Breakdown

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Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,900

Closing costs

1%

$4,095

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,406

Total Expenses

$4,291

Mortgage P&I

47%

$2,056

Property Taxes

13%

$594

Home Insurance

3%

$143

HOA

0%

$0

Property Management

12%

$529

CapEx

4%

$176

Vacancy

3%

$132

Maintenance

4%

$176

Other

11%

$485

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