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3704 Northpointe Dr, Denton, TX 76207

3 beds • 2 baths • 1374 sqft

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This property looks like a bad Mid-Term investment with a projected -1.72% first-year return on $83,121 initial cash invested.

-1.72%

Cash On Cash

5.81%

Cap Rate

1

DSCR

$2,928

Rent

-$119

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,121

Downpayment

20%

$62,020

Closing costs

1%

$3,101

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,928

Total Expenses

$3,047

Mortgage P&I

51%

$1,504

Property Taxes

15%

$436

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$351

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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