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$3,038 (target)

817 Cornfield Dr, Arlington, TX 76017

3 beds • 2 baths • 1320 sqft

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This property might be a fair Mid-Term investment with a projected 8.02% first-year return on $61,197 initial cash invested.

8.02%

Cash On Cash

9.22%

Cap Rate

1.51

DSCR

$3,038

Rent

$409

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,038 income − $2,629 expenses = $409 cash flow

Income$3,038Mortgage P&I$1,05035%Property Taxes$47116%Insurance$742%Management$36512%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33411%Cash Flow$409

Investment Breakdown

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Purchase Price

$206k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,197

Downpayment

20%

$41,140

Closing costs

1%

$2,057

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,038

Total Expenses

$2,629

Mortgage P&I

35%

$1,050

Property Taxes

16%

$471

Home Insurance

2%

$74

HOA

0%

$0

Property Management

12%

$365

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$334

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