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$3,890 (target)

733 Red Wing Dr, Lewisville, TX 75067

3 beds • 2 baths • 1581 sqft

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This property might be a fair Mid-Term investment with a projected 4.83% first-year return on $86,250 initial cash invested.

4.83%

Cash On Cash

8.12%

Cap Rate

1.3

DSCR

$3,890

Rent

$347

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,890 income − $3,543 expenses = $347 cash flow

Income$3,890Mortgage P&I$1,69744%Property Taxes$40810%Insurance$1143%Management$46712%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$42811%Cash Flow$347

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,890

Total Expenses

$3,543

Mortgage P&I

44%

$1,697

Property Taxes

10%

$408

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$467

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$428

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