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2902 Green Oaks Dr, Garland, TX 75040

3 beds • 2 baths • 1839 sqft

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This property looks like a bad Mid-Term investment with a projected -0.37% first-year return on $84,150 initial cash invested.

-0.37%

Cash On Cash

6.27%

Cap Rate

1.07

DSCR

$3,384

Rent

-$26

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.2%

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

$3,384

Total Expenses

$3,410

Mortgage P&I

45%

$1,537

Property Taxes

18%

$613

Home Insurance

3%

$110

HOA

0%

$0

Property Management

12%

$406

CapEx

4%

$135

Vacancy

3%

$102

Maintenance

4%

$135

Other

11%

$372

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