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$3,462 (target)

4614 W Lake Highlands Dr, The Colony, TX 75056

3 beds • 3 baths • 1504 sqft

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This property might be a fair Mid-Term investment with a projected 2.87% first-year return on $82,071 initial cash invested.

2.87%

Cash On Cash

7.3%

Cap Rate

1.22

DSCR

$3,462

Rent

$196

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,462 income − $3,266 expenses = $196 cash flow

Income$3,462Mortgage P&I$1,52144%Property Taxes$47914%Insurance$903%Management$41512%CapEx$1384%Vacancy$1043%Maintenance$1384%Other$38111%Cash Flow$196

Investment Breakdown

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Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,071

Downpayment

20%

$61,020

Closing costs

1%

$3,051

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,462

Total Expenses

$3,266

Mortgage P&I

44%

$1,521

Property Taxes

14%

$479

Home Insurance

3%

$90

HOA

0%

$0

Property Management

12%

$415

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$381

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