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2657 County Road 2724, Mineola, TX 75773

3 beds • 3 baths • 2282 sqft

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This property looks like a bad Mid-Term investment with a projected -18.18% first-year return on $149k initial cash invested.

-18.18%

Cash On Cash

1.51%

Cap Rate

0.26

DSCR

$1,574

Rent

-$2,261

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$625k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$149k

Downpayment

20%

$125k

Closing costs

1%

$6,250

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,574

Total Expenses

$3,835

Mortgage P&I

190%

$2,985

Property Taxes

6%

$96

Home Insurance

14%

$219

HOA

0%

$0

Property Management

12%

$189

CapEx

4%

$63

Vacancy

3%

$47

Maintenance

4%

$63

Other

11%

$173

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