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2604 Fallcreek Dr, Carrollton, TX 75006

3 beds • 3 baths • 1773 sqft

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This property looks like a bad Long-Term investment with a projected -13.19% first-year return on $86,688 initial cash invested.

-13.19%

Cash On Cash

3.54%

Cap Rate

0.6

DSCR

$2,540

Rent

-$953

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$413k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,688

Downpayment

20%

$82,560

Closing costs

1%

$4,128

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,540

Total Expenses

$3,493

Mortgage P&I

80%

$2,043

Property Taxes

25%

$643

Home Insurance

6%

$147

HOA

0%

$0

Property Management

10%

$254

CapEx

5%

$127

Vacancy

6%

$152

Maintenance

5%

$127

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

2623 Summertree Dr, Carrollton, TX 75006

$2,495

3

3.5

1773

0.1 mi

2221 Meadowstone Dr, Carrollton, TX 75006

$2,995

3

2.5

1764

0.3 mi

2801 Country Villa Cir, Carrollton, TX 75006

$3,000

3

2.5

1863

0.5 mi

2205 Norwich Pl, Carrollton, TX 75006

$2,600

3

2.5

1665

0.5 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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