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$2,996 (target)

2916 Harlan Dr, Mesquite, TX 75150

3 beds • 2 baths • 1702 sqft

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This property looks like a bad Mid-Term investment with a projected -1.88% first-year return on $78,333 initial cash invested.

-1.88%

Cash On Cash

6.39%

Cap Rate

1

DSCR

$2,996

Rent

-$123

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,996 income − $3,119 expenses = $123 out of pocket

Income$2,996Out of Pocket$123Mortgage P&I$1,53451%Property Taxes$46315%Insurance$1023%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%

Investment Breakdown

|

Purchase Price

$287k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,333

Downpayment

20%

$57,460

Closing costs

1%

$2,873

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,996

Total Expenses

$3,119

Mortgage P&I

51%

$1,534

Property Taxes

15%

$463

Home Insurance

3%

$102

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

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