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$1,772 (target)

6311 Tropicana Ln, Forney, TX 75126

3 beds • 2 baths • 1254 sqft

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This property looks like a bad Long-Term investment with a projected -14.76% first-year return on $48,279 initial cash invested.

-14.76%

Cash On Cash

3.63%

Cap Rate

0.58

DSCR

$1,772

Rent

-$594

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,772 income − $2,366 expenses = $594 out of pocket

Income$1,772Out of Pocket$594Mortgage P&I$1,20068%Property Taxes$57532%Insurance$805%HOA$503%Management$17710%CapEx$895%Vacancy$1066%Maintenance$895%

Investment Breakdown

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Purchase Price

$230k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,279

Downpayment

20%

$45,980

Closing costs

1%

$2,299

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,772

Total Expenses

$2,366

Mortgage P&I

68%

$1,200

Property Taxes

32%

$575

Home Insurance

5%

$80

HOA

3%

$50

Property Management

10%

$177

CapEx

5%

$89

Vacancy

6%

$106

Maintenance

5%

$89

Other

0%

$0

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