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$3,072 (target)

3903 Meredith Dr, Farmersville, TX 75442

3 beds • 2 baths • 1847 sqft

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This property looks like a bad Mid-Term investment with a projected -5.65% first-year return on $79,929 initial cash invested.

-5.65%

Cash On Cash

5.36%

Cap Rate

0.84

DSCR

$3,072

Rent

-$376

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,072 income − $3,448 expenses = $376 out of pocket

Income$3,072Out of Pocket$376Mortgage P&I$1,57051%Property Taxes$67022%Insurance$1053%HOA$582%Management$36912%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33811%

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,929

Downpayment

20%

$58,980

Closing costs

1%

$2,949

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,072

Total Expenses

$3,448

Mortgage P&I

51%

$1,570

Property Taxes

22%

$670

Home Insurance

3%

$105

HOA

2%

$58

Property Management

12%

$369

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$338

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