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$5,865 (target)

619 Sorita Cir, Rockwall, TX 75032

3 beds • 4 baths • 3413 sqft

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This property looks like a bad Mid-Term investment with a projected -7.98% first-year return on $194k initial cash invested.

-7.98%

Cash On Cash

4.39%

Cap Rate

0.74

DSCR

$5,865

Rent

-$1,292

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,865 income − $7,157 expenses = $1,292 out of pocket

Income$5,865Out of Pocket$1,292Mortgage P&I$4,12970%Property Taxes$73613%Insurance$2945%HOA$3Management$70412%CapEx$2354%Vacancy$1763%Maintenance$2354%Other$64511%

Investment Breakdown

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Purchase Price

$839k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$194k

Downpayment

20%

$168k

Closing costs

1%

$8,390

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,865

Total Expenses

$7,157

Mortgage P&I

70%

$4,129

Property Taxes

13%

$736

Home Insurance

5%

$294

HOA

0%

$3

Property Management

12%

$704

CapEx

4%

$235

Vacancy

3%

$176

Maintenance

4%

$235

Other

11%

$645

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