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3604 Heath Ln, Mesquite, TX 75150

3 beds • 2 baths • 1428 sqft

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This property might be a fair Long-Term investment with a projected 3.78% first-year return on $37,798 initial cash invested.

3.78%

Cash On Cash

7.54%

Cap Rate

1.25

DSCR

$2,100

Rent

$119

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,798

Downpayment

20%

$35,998

Closing costs

1%

$1,800

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,100

Total Expenses

$1,981

Mortgage P&I

43%

$907

Property Taxes

22%

$465

Home Insurance

3%

$63

HOA

0%

$0

Property Management

10%

$210

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

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