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$4,923 (target)

3112 Harris St, Gainesville, TX 76240

3 beds • 4 baths • 3922 sqft

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This property looks like a bad Mid-Term investment with a projected -17.97% first-year return on $217k initial cash invested.

-17.97%

Cash On Cash

2.21%

Cap Rate

0.36

DSCR

$4,923

Rent

-$3,243

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,923 income − $8,166 expenses = $3,243 out of pocket

Income$4,923Out of Pocket$3,243Mortgage P&I$4,78697%Property Taxes$1,35728%Insurance$3487%Management$59112%CapEx$1974%Vacancy$1483%Maintenance$1974%Other$54211%

Investment Breakdown

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Purchase Price

$946k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$217k

Downpayment

20%

$189k

Closing costs

1%

$9,458

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,923

Total Expenses

$8,166

Mortgage P&I

97%

$4,786

Property Taxes

28%

$1,357

Home Insurance

7%

$348

HOA

0%

$0

Property Management

12%

$591

CapEx

4%

$197

Vacancy

3%

$148

Maintenance

4%

$197

Other

11%

$542

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