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$4,908 (target)

4611 Fm 1387, Midlothian, TX 76065

3 beds • 3 baths • 2316 sqft

$1,200,000

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This property looks like a bad Mid-Term investment with a projected -17.46% first-year return on $270k initial cash invested.

-17.46%

Cash On Cash

2.36%

Cap Rate

0.39

DSCR

$4,908

Rent

-$3,928

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,908 income − $8,836 expenses = $3,928 out of pocket

Income$4,908Out of Pocket$3,928Mortgage P&I$6,092124%Property Taxes$65613%Insurance$4209%Management$58912%CapEx$1964%Vacancy$1473%Maintenance$1964%Other$54011%

Investment Breakdown

|

Purchase Price

$1200k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$270k

Downpayment

20%

$240k

Closing costs

1%

$12,000

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,908

Total Expenses

$8,836

Mortgage P&I

124%

$6,092

Property Taxes

13%

$656

Home Insurance

9%

$420

HOA

0%

$0

Property Management

12%

$589

CapEx

4%

$196

Vacancy

3%

$147

Maintenance

4%

$196

Other

11%

$540

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