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$2,643 (target)

825 Springhill Dr, Burleson, TX 76028

3 beds • 2 baths • 1094 sqft

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This property might be a fair Mid-Term investment with a projected 0.74% first-year return on $66,300 initial cash invested.

0.74%

Cash On Cash

6.96%

Cap Rate

1.12

DSCR

$2,643

Rent

$41

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,643 income − $2,602 expenses = $41 cash flow

Income$2,643Mortgage P&I$1,18745%Property Taxes$43616%Insurance$803%Management$31712%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29111%Cash Flow$41

Investment Breakdown

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Purchase Price

$230k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,300

Downpayment

20%

$46,000

Closing costs

1%

$2,300

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,643

Total Expenses

$2,602

Mortgage P&I

45%

$1,187

Property Taxes

17%

$436

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$317

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$291

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