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$2,890 (target)

3612 Glenview Dr, Corinth, TX 76210

3 beds • 2 baths • 1251 sqft

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This property looks like a bad Mid-Term investment with a projected -3.94% first-year return on $84,927 initial cash invested.

-3.94%

Cash On Cash

5.37%

Cap Rate

0.9

DSCR

$2,890

Rent

-$279

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,890 income − $3,169 expenses = $279 out of pocket

Income$2,890Out of Pocket$279Mortgage P&I$1,59055%Property Taxes$48117%Insurance$1144%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%

Investment Breakdown

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Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,927

Downpayment

20%

$63,740

Closing costs

1%

$3,187

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,890

Total Expenses

$3,169

Mortgage P&I

55%

$1,590

Property Taxes

17%

$481

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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