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$3,201 (target)

2817 Elk Grove Rd, Carrollton, TX 75007

3 beds • 2 baths • 1319 sqft

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This property might be a fair Mid-Term investment with a projected 1.11% first-year return on $84,150 initial cash invested.

1.11%

Cash On Cash

6.73%

Cap Rate

1.13

DSCR

$3,201

Rent

$78

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,201 income − $3,123 expenses = $78 cash flow

Income$3,201Mortgage P&I$1,56049%Property Taxes$36511%Insurance$1103%Management$38412%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35211%Cash Flow$78

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,201

Total Expenses

$3,123

Mortgage P&I

49%

$1,560

Property Taxes

11%

$365

Home Insurance

3%

$110

HOA

0%

$0

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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