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Long-Term Rental Analysis
2718 Locust Ave, Dallas, TX 75216
$175,000 • 2 beds • 1 baths • 840 sqft

This property looks like a bad Long-Term investment with a projected -10.78% first-year return on $36,750 initial cash invested.

Cash On Cash
-10.78%
Cap Rate
4.53%
Rent
$1,243
Cashflow
-$330
Rent Confidence:  High
Annual
$14,916
Median
$1,188
Avg
$1,242
Samples
25
Financing
Purchase Price  $175k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest
Total  $36,750
Downpayment  $35,000
Closing costs  $1,750
Rehab  $0
Furnishing  $0
Cashflow
Total Income  $1,243
Total Expenses  $1,573
Mortgage P&I  $928
Property Taxes  $261
Home Insurance  $61
PManagement  10% $124
CapEx  5% $62
Vacancy  6% $75
Maintenance  5% $62
Other  0% $0
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