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709 Decatur Way, Wylie, TX 75098

4 beds • 3 baths • 2828 sqft

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This property looks like a bad Long-Term investment with a projected -9.47% first-year return on $94,500 initial cash invested.

-9.47%

Cash On Cash

4.42%

Cap Rate

0.73

DSCR

$2,780

Rent

-$746

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,500

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,780

Total Expenses

$3,526

Mortgage P&I

81%

$2,263

Property Taxes

13%

$354

Home Insurance

6%

$158

HOA

1%

$28

Property Management

10%

$278

CapEx

5%

$139

Vacancy

6%

$167

Maintenance

5%

$139

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1325 Greensboro Dr, Wylie, TX 75098

$2,800

4

3

2738

0.1 mi

1614 N Timber Brook Dr, Wylie, TX 75098

$2,800

4

3

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1.1 mi

1613 Hightimber Ln, Wylie, TX 75098

$2,650

4

3

2772

1.2 mi

1328 Luverne Dr, Wylie, TX 75098

$2,995

4

2.5

2828

0.2 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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