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$2,985 (target)

2509 Silvermeadow Ln, Corinth, TX 76210

3 beds • 2 baths • 1480 sqft

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This property looks like a bad Mid-Term investment with a projected -2.58% first-year return on $84,570 initial cash invested.

-2.58%

Cash On Cash

5.8%

Cap Rate

0.96

DSCR

$2,985

Rent

-$182

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,985 income − $3,167 expenses = $182 out of pocket

Income$2,985Out of Pocket$182Mortgage P&I$1,59553%Property Taxes$44715%Insurance$1114%Management$35812%CapEx$1194%Vacancy$903%Maintenance$1194%Other$32811%

Investment Breakdown

|

Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,570

Downpayment

20%

$63,400

Closing costs

1%

$3,170

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,985

Total Expenses

$3,167

Mortgage P&I

53%

$1,595

Property Taxes

15%

$447

Home Insurance

4%

$111

HOA

0%

$0

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$90

Maintenance

4%

$119

Other

11%

$328

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