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6940 Shoreway Dr, Grand Prairie, TX 75054

4 beds • 2 baths • 2072 sqft

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This property looks like a bad Long-Term investment with a projected -12.73% first-year return on $77,700 initial cash invested.

-12.73%

Cash On Cash

3.82%

Cap Rate

0.63

DSCR

$2,680

Rent

-$824

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,700

Downpayment

20%

$74,000

Closing costs

1%

$3,700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,680

Total Expenses

$3,504

Mortgage P&I

70%

$1,869

Property Taxes

27%

$734

Home Insurance

5%

$140

HOA

2%

$64

Property Management

10%

$268

CapEx

5%

$134

Vacancy

6%

$161

Maintenance

5%

$134

Other

0%

$0

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