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$3,477 (target)

307 Meadow Ridge Dr, Burleson, TX 76028

3 beds • 3 baths • 2132 sqft

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This property might be a fair Mid-Term investment with a projected 3.73% first-year return on $78,900 initial cash invested.

3.73%

Cash On Cash

7.55%

Cap Rate

1.27

DSCR

$3,477

Rent

$245

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,477 income − $3,232 expenses = $245 cash flow

Income$3,477Mortgage P&I$1,44141%Property Taxes$50815%Insurance$1023%Management$41712%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38211%Cash Flow$245

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,900

Downpayment

20%

$58,000

Closing costs

1%

$2,900

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,477

Total Expenses

$3,232

Mortgage P&I

41%

$1,441

Property Taxes

15%

$508

Home Insurance

3%

$102

HOA

0%

$0

Property Management

12%

$417

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$382

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