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$6,242 (target)

5604 Heron Dr W, Colleyville, TX 76034

3 beds • 3 baths • 2738 sqft

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This property looks like a bad Mid-Term investment with a projected -12.71% first-year return on $182k initial cash invested.

-12.71%

Cash On Cash

3.95%

Cap Rate

0.6

DSCR

$6,242

Rent

-$1,930

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,242 income − $8,172 expenses = $1,930 out of pocket

Income$6,242Out of Pocket$1,930Mortgage P&I$4,25268%Property Taxes$1,15018%Insurance$2804%HOA$3676%Management$74912%CapEx$2504%Vacancy$1873%Maintenance$2504%Other$68711%

Investment Breakdown

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Purchase Price

$782k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$182k

Downpayment

20%

$156k

Closing costs

1%

$7,820

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,242

Total Expenses

$8,172

Mortgage P&I

68%

$4,252

Property Taxes

18%

$1,150

Home Insurance

4%

$280

HOA

6%

$367

Property Management

12%

$749

CapEx

4%

$250

Vacancy

3%

$187

Maintenance

4%

$250

Other

11%

$687

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