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630 Lockwood Dr, Richardson, TX 75080

3 beds • 2 baths • 1212 sqft

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This property looks like a bad Long-Term investment with a projected -9.01% first-year return on $86,079 initial cash invested.

-9.01%

Cash On Cash

4.38%

Cap Rate

0.75

DSCR

$2,842

Rent

-$646

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

$86,079

Downpayment

20%

$81,980

Closing costs

1%

$4,099

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,842

Total Expenses

$3,488

Mortgage P&I

70%

$1,999

Property Taxes

21%

$606

Home Insurance

5%

$144

HOA

0%

$0

Property Management

10%

$284

CapEx

5%

$142

Vacancy

6%

$171

Maintenance

5%

$142

Other

0%

$0

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