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$3,648 (target)

623 Lakewood Dr, Allen, TX 75002

3 beds • 2 baths • 2142 sqft

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This property looks like a bad Mid-Term investment with a projected -5.76% first-year return on $109k initial cash invested.

-5.76%

Cash On Cash

4.94%

Cap Rate

0.83

DSCR

$3,648

Rent

-$524

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,648 income − $4,172 expenses = $524 out of pocket

Income$3,648Out of Pocket$524Mortgage P&I$2,16359%Property Taxes$60617%Insurance$1634%Management$43812%CapEx$1464%Vacancy$1093%Maintenance$1464%Other$40111%

Investment Breakdown

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Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,760

Closing costs

1%

$4,338

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,648

Total Expenses

$4,172

Mortgage P&I

59%

$2,163

Property Taxes

17%

$606

Home Insurance

4%

$163

HOA

0%

$0

Property Management

12%

$438

CapEx

4%

$146

Vacancy

3%

$109

Maintenance

4%

$146

Other

11%

$401

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