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$7,304 (target)

824 Forest Lakes Dr, Keller, TX 76248

3 beds • 3 baths • 3201 sqft

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This property might be a fair Mid-Term investment with a projected 1.79% first-year return on $165k initial cash invested.

1.79%

Cash On Cash

6.84%

Cap Rate

1.16

DSCR

$7,304

Rent

$247

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,304 income − $7,057 expenses = $247 cash flow

Income$7,304Mortgage P&I$3,45447%Property Taxes$79011%Insurance$2543%HOA$771%Management$87612%CapEx$2924%Vacancy$2193%Maintenance$2924%Other$80311%Cash Flow$247

Investment Breakdown

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Purchase Price

$701k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$140k

Closing costs

1%

$7,007

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$7,304

Total Expenses

$7,057

Mortgage P&I

47%

$3,454

Property Taxes

11%

$790

Home Insurance

3%

$254

HOA

1%

$77

Property Management

12%

$876

CapEx

4%

$292

Vacancy

3%

$219

Maintenance

4%

$292

Other

11%

$803

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