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$4,066 (target)

2405 Solomons Pl, Wylie, TX 75098

3 beds • 2 baths • 1916 sqft

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This property looks like a bad Mid-Term investment with a projected -8.5% first-year return on $110k initial cash invested.

-8.5%

Cash On Cash

4.49%

Cap Rate

0.73

DSCR

$4,066

Rent

-$782

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,066 income − $4,848 expenses = $782 out of pocket

Income$4,066Out of Pocket$782Mortgage P&I$2,26456%Property Taxes$90222%Insurance$1544%HOA$1454%Management$48812%CapEx$1634%Vacancy$1223%Maintenance$1634%Other$44711%

Investment Breakdown

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Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$88,000

Closing costs

1%

$4,400

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,066

Total Expenses

$4,848

Mortgage P&I

56%

$2,264

Property Taxes

22%

$902

Home Insurance

4%

$154

HOA

4%

$145

Property Management

12%

$488

CapEx

4%

$163

Vacancy

3%

$122

Maintenance

4%

$163

Other

11%

$447

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