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2915 56th St, Dallas, TX 75241

3 beds • 1 baths • 1239 sqft

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This property might be a fair Long-Term investment with a projected 9.22% first-year return on $29,400 initial cash invested.

9.22%

Cash On Cash

8.66%

Cap Rate

1.44

DSCR

$1,690

Rent

$226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$140k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,400

Downpayment

20%

$28,000

Closing costs

1%

$1,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,690

Total Expenses

$1,464

Mortgage P&I

41%

$700

Property Taxes

16%

$277

Home Insurance

3%

$49

PManagement

10%

$169

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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