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$5,216 (target)

2941 N Mockingbird Ln, Midlothian, TX 76065

3 beds • 3 baths • 2985 sqft

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This property looks like a bad Mid-Term investment with a projected -5.11% first-year return on $151k initial cash invested.

-5.11%

Cash On Cash

5.35%

Cap Rate

0.87

DSCR

$5,216

Rent

-$641

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,216 income − $5,857 expenses = $641 out of pocket

Income$5,216Out of Pocket$641Mortgage P&I$3,24362%Property Taxes$58211%Insurance$2284%HOA$301%Management$62612%CapEx$2094%Vacancy$1563%Maintenance$2094%Other$57411%

Investment Breakdown

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Purchase Price

$631k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$126k

Closing costs

1%

$6,310

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,216

Total Expenses

$5,857

Mortgage P&I

62%

$3,243

Property Taxes

11%

$582

Home Insurance

4%

$228

HOA

1%

$30

Property Management

12%

$626

CapEx

4%

$209

Vacancy

3%

$156

Maintenance

4%

$209

Other

11%

$574

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