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$3,378 (target)

6805 Red Rock Trl, Watauga, TX 76137

3 beds • 2 baths • 1905 sqft

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This property looks like a bad Mid-Term investment with a projected -1.6% first-year return on $87,657 initial cash invested.

-1.6%

Cash On Cash

6.24%

Cap Rate

1.01

DSCR

$3,378

Rent

-$117

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,378 income − $3,495 expenses = $117 out of pocket

Income$3,378Out of Pocket$117Mortgage P&I$1,70751%Property Taxes$52315%Insurance$1173%Management$40512%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37211%

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,657

Downpayment

20%

$66,340

Closing costs

1%

$3,317

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,378

Total Expenses

$3,495

Mortgage P&I

51%

$1,707

Property Taxes

15%

$523

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$405

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$372

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