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$3,358 (target)

237 Flatwood Dr, Little Elm, TX 75068

3 beds • 2 baths • 1567 sqft

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This property looks like a bad Mid-Term investment with a projected -0.23% first-year return on $84,738 initial cash invested.

-0.23%

Cash On Cash

6.39%

Cap Rate

1.07

DSCR

$3,358

Rent

-$16

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,358 income − $3,374 expenses = $16 out of pocket

Income$3,358Out of Pocket$16Mortgage P&I$1,57547%Property Taxes$52716%Insurance$1143%HOA$171%Management$40312%CapEx$1344%Vacancy$1013%Maintenance$1344%Other$36911%

Investment Breakdown

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Purchase Price

$318k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,738

Downpayment

20%

$63,560

Closing costs

1%

$3,178

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,358

Total Expenses

$3,374

Mortgage P&I

47%

$1,575

Property Taxes

16%

$527

Home Insurance

3%

$114

HOA

1%

$17

Property Management

12%

$403

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$369

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