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$3,652 (target)

6608 McCoy Ct, Watauga, TX 76148

3 beds • 2 baths • 1792 sqft

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This property might be a fair Mid-Term investment with a projected 9.35% first-year return on $76,485 initial cash invested.

9.35%

Cash On Cash

8.98%

Cap Rate

1.55

DSCR

$3,652

Rent

$596

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,652 income − $3,056 expenses = $596 cash flow

Income$3,652Mortgage P&I$1,34137%Property Taxes$37510%Insurance$983%Management$43812%CapEx$1464%Vacancy$1103%Maintenance$1464%Other$40211%Cash Flow$596

Investment Breakdown

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Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,485

Downpayment

20%

$55,700

Closing costs

1%

$2,785

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,652

Total Expenses

$3,056

Mortgage P&I

37%

$1,341

Property Taxes

10%

$375

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$438

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$402

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