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$6,560 (target)

3106 County Road 2526, Quinlan, TX 75474

3 beds • 5 baths • 5822 sqft

$1,395,000

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This property looks like a bad Mid-Term investment with a projected -16.77% first-year return on $311k initial cash invested.

-16.77%

Cash On Cash

2.44%

Cap Rate

0.41

DSCR

$6,560

Rent

-$4,346

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,560 income − $10,906 expenses = $4,346 out of pocket

Income$6,560Out of Pocket$4,346Mortgage P&I$6,916105%Property Taxes$1,27219%Insurance$4887%Management$78712%CapEx$2624%Vacancy$1973%Maintenance$2624%Other$72211%

Investment Breakdown

|

Purchase Price

$1395k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$311k

Downpayment

20%

$279k

Closing costs

1%

$13,950

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,560

Total Expenses

$10,906

Mortgage P&I

105%

$6,916

Property Taxes

19%

$1,272

Home Insurance

7%

$488

HOA

0%

$0

Property Management

12%

$787

CapEx

4%

$262

Vacancy

3%

$197

Maintenance

4%

$262

Other

11%

$722

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