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$3,724 (target)

6425 Old Mill Cir, Watauga, TX 76148

3 beds • 2 baths • 1718 sqft

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This property might be a fair Mid-Term investment with a projected 5.32% first-year return on $78,879 initial cash invested.

5.32%

Cash On Cash

8.14%

Cap Rate

1.34

DSCR

$3,724

Rent

$350

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,724 income − $3,374 expenses = $350 cash flow

Income$3,724Mortgage P&I$1,46739%Property Taxes$53714%Insurance$1033%Management$44712%CapEx$1494%Vacancy$1123%Maintenance$1494%Other$41011%Cash Flow$350

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,879

Downpayment

20%

$57,980

Closing costs

1%

$2,899

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,724

Total Expenses

$3,374

Mortgage P&I

39%

$1,467

Property Taxes

14%

$537

Home Insurance

3%

$103

HOA

0%

$0

Property Management

12%

$447

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$410

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