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$3,039 (target)

8010 Meadowlark Ln, Rowlett, TX 75088

3 beds • 2 baths • 1363 sqft

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This property looks like a bad Mid-Term investment with a projected -3.67% first-year return on $84,108 initial cash invested.

-3.67%

Cash On Cash

5.5%

Cap Rate

0.91

DSCR

$3,039

Rent

-$257

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,039 income − $3,296 expenses = $257 out of pocket

Income$3,039Out of Pocket$257Mortgage P&I$1,57752%Property Taxes$57319%Insurance$1124%Management$36512%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33411%

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,108

Downpayment

20%

$62,960

Closing costs

1%

$3,148

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,039

Total Expenses

$3,296

Mortgage P&I

52%

$1,577

Property Taxes

19%

$573

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$365

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$334

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