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$7,552 (target)

5224 McCormick Mountain Dr, Austin, TX 78734

3 beds • 3 baths • 2898 sqft

$1,683,000

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This property looks like a bad Long-Term investment with a projected -19.49% first-year return on $353k initial cash invested.

-19.49%

Cash On Cash

2.74%

Cap Rate

0.42

DSCR

$7,552

Rent

-$5,740

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,552 income − $13,292 expenses = $5,740 out of pocket

Income$7,552Out of Pocket$5,740Mortgage P&I$9,201122%Property Taxes$1,50620%Insurance$6218%Management$75510%CapEx$3785%Vacancy$4536%Maintenance$3785%

Investment Breakdown

|

Purchase Price

$1683k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$353k

Downpayment

20%

$337k

Closing costs

1%

$16,830

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$7,552

Total Expenses

$13,292

Mortgage P&I

122%

$9,201

Property Taxes

20%

$1,506

Home Insurance

8%

$621

HOA

0%

$0

Property Management

10%

$755

CapEx

5%

$378

Vacancy

6%

$453

Maintenance

5%

$378

Other

0%

$0

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