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306 Derick Dr, Fate, TX 75189

3 beds • 3 baths • 1860 sqft

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This property looks like a bad Mid-Term investment with a projected -4.76% first-year return on $105k initial cash invested.

-4.76%

Cash On Cash

5.16%

Cap Rate

0.87

DSCR

$3,630

Rent

-$415

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$412k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,440

Closing costs

1%

$4,122

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,630

Total Expenses

$4,045

Mortgage P&I

56%

$2,041

Property Taxes

17%

$623

Home Insurance

4%

$147

HOA

0%

$0

Property Management

12%

$436

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$399

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