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7208 Garrett Pl, The Colony, TX 75056

3 beds • 2 baths • 1879 sqft

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This property looks like a bad Mid-Term investment with a projected -1.12% first-year return on $99,879 initial cash invested.

-1.12%

Cash On Cash

5.9%

Cap Rate

1.02

DSCR

$3,332

Rent

-$93

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,332

Total Expenses

$3,425

Mortgage P&I

56%

$1,876

Property Taxes

8%

$280

Home Insurance

4%

$136

HOA

0%

$0

Property Management

12%

$400

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$367

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