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3036 Avondale, The Colony, TX 75056

3 beds • 3 baths • 3092 sqft

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This property looks like a bad Long-Term investment with a projected -20.93% first-year return on $163k initial cash invested.

-20.93%

Cash On Cash

1.81%

Cap Rate

0.3

DSCR

$3,474

Rent

-$2,838

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$775k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$163k

Downpayment

20%

$155k

Closing costs

1%

$7,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,474

Total Expenses

$6,312

Mortgage P&I

110%

$3,831

Property Taxes

34%

$1,186

Home Insurance

8%

$271

HOA

3%

$121

Property Management

10%

$347

CapEx

5%

$174

Vacancy

6%

$208

Maintenance

5%

$174

Other

0%

$0

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