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$3,176 (target)

2705 Thunderbird Dr, Denton, TX 76207

3 beds • 2 baths • 1465 sqft

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This property might be a fair Mid-Term investment with a projected 2.53% first-year return on $76,779 initial cash invested.

2.53%

Cash On Cash

7.5%

Cap Rate

1.2

DSCR

$3,176

Rent

$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,176 income − $3,014 expenses = $162 cash flow

Income$3,176Mortgage P&I$1,46146%Property Taxes$37612%Insurance$983%Management$38112%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34911%Cash Flow$162

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,779

Downpayment

20%

$55,980

Closing costs

1%

$2,799

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,176

Total Expenses

$3,014

Mortgage P&I

46%

$1,461

Property Taxes

12%

$376

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$381

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$349

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