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$4,100 (target)

607 N Parkridge Dr, Mansfield, TX 76063

3 beds • 3 baths • 2117 sqft

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This property might be a fair Mid-Term investment with a projected 0.61% first-year return on $102k initial cash invested.

0.61%

Cash On Cash

6.59%

Cap Rate

1.11

DSCR

$4,100

Rent

$52

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,100 income − $4,048 expenses = $52 cash flow

Income$4,100Mortgage P&I$1,98048%Property Taxes$53413%Insurance$1403%Management$49212%CapEx$1644%Vacancy$1233%Maintenance$1644%Other$45111%Cash Flow$52

Investment Breakdown

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Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,100

Total Expenses

$4,048

Mortgage P&I

48%

$1,980

Property Taxes

13%

$534

Home Insurance

3%

$140

HOA

0%

$0

Property Management

12%

$492

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$451

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