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$2,776 (target)

3324 Overstreet Ln, Royse City, TX 75189

3 beds • 2 baths • 1813 sqft

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This property looks like a bad Mid-Term investment with a projected -3.7% first-year return on $74,175 initial cash invested.

-3.7%

Cash On Cash

5.83%

Cap Rate

0.92

DSCR

$2,776

Rent

-$229

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,776 income − $3,005 expenses = $229 out of pocket

Income$2,776Out of Pocket$229Mortgage P&I$1,41851%Property Taxes$52519%Insurance$943%HOA$251%Management$33312%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30511%

Investment Breakdown

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Purchase Price

$268k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,175

Downpayment

20%

$53,500

Closing costs

1%

$2,675

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,776

Total Expenses

$3,005

Mortgage P&I

51%

$1,418

Property Taxes

19%

$525

Home Insurance

3%

$94

HOA

1%

$25

Property Management

12%

$333

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

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