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$3,000 (target)

6620 Alderbrook Dr, Denton, TX 76210

3 beds • 2 baths • 1761 sqft

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This property looks like a bad Mid-Term investment with a projected -6.85% first-year return on $92,802 initial cash invested.

-6.85%

Cash On Cash

4.65%

Cap Rate

0.77

DSCR

$3,000

Rent

-$530

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,000 income − $3,530 expenses = $530 out of pocket

Income$3,000Out of Pocket$530Mortgage P&I$1,78960%Property Taxes$53018%Insurance$1284%HOA$632%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%

Investment Breakdown

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Purchase Price

$356k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,802

Downpayment

20%

$71,240

Closing costs

1%

$3,562

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,000

Total Expenses

$3,530

Mortgage P&I

60%

$1,789

Property Taxes

18%

$530

Home Insurance

4%

$128

HOA

2%

$63

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

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