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$2,816 (target)

3446 Caracas Dr, Mesquite, TX 75150

3 beds • 2 baths • 1416 sqft

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This property looks like a bad Mid-Term investment with a projected -5.58% first-year return on $84,150 initial cash invested.

-5.58%

Cash On Cash

5.14%

Cap Rate

0.83

DSCR

$2,816

Rent

-$391

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,816 income − $3,207 expenses = $391 out of pocket

Income$2,816Out of Pocket$391Mortgage P&I$1,62758%Property Taxes$51218%Insurance$1104%Management$33812%CapEx$1134%Vacancy$843%Maintenance$1134%Other$31011%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,816

Total Expenses

$3,207

Mortgage P&I

58%

$1,627

Property Taxes

18%

$512

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$338

CapEx

4%

$113

Vacancy

3%

$84

Maintenance

4%

$113

Other

11%

$310

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