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400 Christian Way, Azle, TX 76020

4 beds • 2 baths • 2570 sqft

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This property looks like a bad Long-Term investment with a projected -17.61% first-year return on $105k initial cash invested.

-17.61%

Cash On Cash

2.37%

Cap Rate

0.41

DSCR

$2,410

Rent

-$1,538

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$499k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$99,800

Closing costs

1%

$4,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,410

Total Expenses

$3,948

Mortgage P&I

100%

$2,405

Property Taxes

31%

$742

Home Insurance

7%

$175

HOA

0%

$0

Property Management

10%

$241

CapEx

5%

$120

Vacancy

6%

$145

Maintenance

5%

$120

Other

0%

$0

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