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$3,020 (target)

4725 Salers Way, Forney, TX 75126

3 beds • 2 baths • 1584 sqft

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This property might be a fair Mid-Term investment with a projected 0.9% first-year return on $69,639 initial cash invested.

0.9%

Cash On Cash

7.25%

Cap Rate

1.13

DSCR

$3,020

Rent

$52

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,020 income − $2,968 expenses = $52 cash flow

Income$3,020Mortgage P&I$1,31243%Property Taxes$48916%Insurance$863%HOA$542%Management$36212%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33211%Cash Flow$52

Investment Breakdown

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Purchase Price

$246k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,639

Downpayment

20%

$49,180

Closing costs

1%

$2,459

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,020

Total Expenses

$2,968

Mortgage P&I

43%

$1,312

Property Taxes

16%

$489

Home Insurance

3%

$86

HOA

2%

$54

Property Management

12%

$362

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$332

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