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$2,182 (target)

3502 Demaret Dr, Mesquite, TX 75150

3 beds • 2 baths • 1176 sqft

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This property looks like a bad Mid-Term investment with a projected -1.52% first-year return on $60,000 initial cash invested.

-1.52%

Cash On Cash

6.19%

Cap Rate

1.01

DSCR

$2,182

Rent

-$76

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,182 income − $2,258 expenses = $76 out of pocket

Income$2,182Out of Pocket$76Mortgage P&I$1,02147%Property Taxes$42620%Insurance$703%Management$26212%CapEx$874%Vacancy$653%Maintenance$874%Other$24011%

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,000

Downpayment

20%

$40,000

Closing costs

1%

$2,000

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,182

Total Expenses

$2,258

Mortgage P&I

47%

$1,021

Property Taxes

20%

$426

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$262

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$240

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