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$4,869 (target)

824 Forest Lakes Dr, Keller, TX 76248

3 beds • 3 baths • 3201 sqft

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This property looks like a bad Long-Term investment with a projected -7.92% first-year return on $147k initial cash invested.

-7.92%

Cash On Cash

4.67%

Cap Rate

0.79

DSCR

$4,869

Rent

-$971

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,869 income − $5,840 expenses = $971 out of pocket

Income$4,869Out of Pocket$971Mortgage P&I$3,45471%Property Taxes$79016%Insurance$2545%HOA$772%Management$48710%CapEx$2435%Vacancy$2926%Maintenance$2435%

Investment Breakdown

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Purchase Price

$701k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$140k

Closing costs

1%

$7,007

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,869

Total Expenses

$5,840

Mortgage P&I

71%

$3,454

Property Taxes

16%

$790

Home Insurance

5%

$254

HOA

2%

$77

Property Management

10%

$487

CapEx

5%

$243

Vacancy

6%

$292

Maintenance

5%

$243

Other

0%

$0

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