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$4,256 (target)

304 Oak Dr, Argyle, TX 76226

3 beds • 2 baths • 1947 sqft

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This property looks like a bad Mid-Term investment with a projected -4.65% first-year return on $115k initial cash invested.

-4.65%

Cash On Cash

5.94%

Cap Rate

0.89

DSCR

$4,256

Rent

-$445

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,256 income − $4,701 expenses = $445 out of pocket

Income$4,256Out of Pocket$445Mortgage P&I$2,55660%Property Taxes$53213%Insurance$1664%Management$51112%CapEx$1704%Vacancy$1283%Maintenance$1704%Other$46811%

Investment Breakdown

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Purchase Price

$461k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,200

Closing costs

1%

$4,610

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,256

Total Expenses

$4,701

Mortgage P&I

60%

$2,556

Property Taxes

13%

$532

Home Insurance

4%

$166

HOA

0%

$0

Property Management

12%

$511

CapEx

4%

$170

Vacancy

3%

$128

Maintenance

4%

$170

Other

11%

$468

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