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$6,160 (target)

2415 Skyline Dr, Irving, TX 75038

3 beds • 3 baths • 3808 sqft

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This property could be a profitable Mid-Term investment with a projected 10.83% first-year return on $101k initial cash invested.

10.83%

Cash On Cash

9.7%

Cap Rate

1.57

DSCR

$6,160

Rent

$911

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,160 income − $5,249 expenses = $911 cash flow

Income$6,160Mortgage P&I$2,03733%Property Taxes$98016%Insurance$1382%Management$73912%CapEx$2464%Vacancy$1853%Maintenance$2464%Other$67811%Cash Flow$911

Investment Breakdown

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Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,000

Closing costs

1%

$3,950

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$6,160

Total Expenses

$5,249

Mortgage P&I

33%

$2,037

Property Taxes

16%

$980

Home Insurance

2%

$138

HOA

0%

$0

Property Management

12%

$739

CapEx

4%

$246

Vacancy

3%

$185

Maintenance

4%

$246

Other

11%

$678

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