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300 Shoreline Dr, Azle, TX 76020

3 beds • 2 baths • 2112 sqft

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This property looks like a bad Mid-Term investment with a projected -20.83% first-year return on $176k initial cash invested.

-20.83%

Cash On Cash

1.1%

Cap Rate

0.19

DSCR

$3,006

Rent

-$3,047

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$750k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$176k

Downpayment

20%

$150k

Closing costs

1%

$7,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,006

Total Expenses

$6,053

Mortgage P&I

120%

$3,614

Property Taxes

38%

$1,155

Home Insurance

9%

$262

HOA

0%

$0

Property Management

12%

$361

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$331

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