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3509 Butler Dr, Denton, TX 76210

3 beds • 2 baths • 1860 sqft

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This property looks like a bad Long-Term investment with a projected -12.52% first-year return on $68,334 initial cash invested.

-12.52%

Cash On Cash

3.87%

Cap Rate

0.64

DSCR

$2,240

Rent

-$713

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,334

Downpayment

20%

$65,080

Closing costs

1%

$3,254

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,240

Total Expenses

$2,953

Mortgage P&I

74%

$1,650

Property Taxes

25%

$562

Home Insurance

5%

$116

HOA

2%

$43

Property Management

10%

$224

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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2

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4

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2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

5

4

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