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$3,774 (target)

2512 Real Quiet Dr, Forney, TX 75126

3 beds • 3 baths • 2462 sqft

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This property might be a fair Mid-Term investment with a projected 7.56% first-year return on $81,000 initial cash invested.

7.56%

Cash On Cash

8.64%

Cap Rate

1.44

DSCR

$3,774

Rent

$510

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,774 income − $3,264 expenses = $510 cash flow

Income$3,774Mortgage P&I$1,49940%Property Taxes$3399%Insurance$1053%HOA$381%Management$45312%CapEx$1514%Vacancy$1133%Maintenance$1514%Other$41511%Cash Flow$510

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,774

Total Expenses

$3,264

Mortgage P&I

40%

$1,499

Property Taxes

9%

$339

Home Insurance

3%

$105

HOA

1%

$38

Property Management

12%

$453

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$415

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