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$3,394 (target)

3705 Palmetto Ct, Denton, TX 76210

3 beds • 2 baths • 1823 sqft

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This property looks like a bad Mid-Term investment with a projected -2.48% first-year return on $91,605 initial cash invested.

-2.48%

Cash On Cash

6.18%

Cap Rate

0.97

DSCR

$3,394

Rent

-$189

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,394 income − $3,583 expenses = $189 out of pocket

Income$3,394Out of Pocket$189Mortgage P&I$1,85955%Property Taxes$42312%Insurance$1264%HOA$211%Management$40712%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37311%

Investment Breakdown

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Purchase Price

$351k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,605

Downpayment

20%

$70,100

Closing costs

1%

$3,505

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,394

Total Expenses

$3,583

Mortgage P&I

55%

$1,859

Property Taxes

12%

$423

Home Insurance

4%

$126

HOA

1%

$21

Property Management

12%

$407

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$373

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