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630 Lockwood Dr, Richardson, TX 75080

3 beds • 2 baths • 1212 sqft

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This property might be a fair Mid-Term investment with a projected 0.73% first-year return on $104k initial cash invested.

0.73%

Cash On Cash

6.54%

Cap Rate

1.12

DSCR

$4,263

Rent

$63

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,980

Closing costs

1%

$4,099

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,263

Total Expenses

$4,200

Mortgage P&I

47%

$1,999

Property Taxes

14%

$606

Home Insurance

3%

$144

HOA

0%

$0

Property Management

12%

$512

CapEx

4%

$171

Vacancy

3%

$128

Maintenance

4%

$171

Other

11%

$469

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