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$3,888 (target)

2833 Clearmeadow Dr, Mesquite, TX 75181

3 beds • 2 baths • 1624 sqft

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This property might be a fair Mid-Term investment with a projected 5.86% first-year return on $79,068 initial cash invested.

5.86%

Cash On Cash

8.36%

Cap Rate

1.36

DSCR

$3,888

Rent

$386

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,888 income − $3,502 expenses = $386 cash flow

Income$3,888Mortgage P&I$1,48538%Property Taxes$59015%Insurance$1033%Management$46712%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$42811%Cash Flow$386

Investment Breakdown

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Purchase Price

$291k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,068

Downpayment

20%

$58,160

Closing costs

1%

$2,908

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,888

Total Expenses

$3,502

Mortgage P&I

38%

$1,485

Property Taxes

15%

$590

Home Insurance

3%

$103

HOA

0%

$0

Property Management

12%

$467

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$428

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