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$2,937 (target)

3709 Red Oak Dr, Garland, TX 75043

3 beds • 2 baths • 1631 sqft

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This property looks like a bad Mid-Term investment with a projected -1.73% first-year return on $79,152 initial cash invested.

-1.73%

Cash On Cash

5.95%

Cap Rate

1

DSCR

$2,937

Rent

-$114

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,937 income − $3,051 expenses = $114 out of pocket

Income$2,937Out of Pocket$114Mortgage P&I$1,44249%Property Taxes$50917%Insurance$1034%Management$35212%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32311%

Investment Breakdown

|

Purchase Price

$291k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,152

Downpayment

20%

$58,240

Closing costs

1%

$2,912

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,937

Total Expenses

$3,051

Mortgage P&I

49%

$1,442

Property Taxes

17%

$509

Home Insurance

4%

$103

HOA

0%

$0

Property Management

12%

$352

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$323

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