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505 Lawson Dr, Garland, TX 75042

4 beds • 2 baths • 1416 sqft

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This property looks like a bad Long-Term investment with a projected -5.3% first-year return on $54,579 initial cash invested.

-5.3%

Cash On Cash

5.31%

Cap Rate

0.9

DSCR

$2,190

Rent

-$241

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,190

Total Expenses

$2,431

Mortgage P&I

58%

$1,280

Property Taxes

22%

$490

Home Insurance

4%

$91

HOA

0%

$0

Property Management

10%

$219

CapEx

5%

$110

Vacancy

6%

$131

Maintenance

5%

$110

Other

0%

$0

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Comparable Property

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1105 Lawson Dr, Garland, TX 75042

$2,000

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$2,850

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