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$5,811 (target)

850 Kings View Dr, Prosper, TX 75078

3 beds • 3 baths • 2483 sqft

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This property looks like a bad Mid-Term investment with a projected -5.77% first-year return on $154k initial cash invested.

-5.77%

Cash On Cash

5.22%

Cap Rate

0.85

DSCR

$5,811

Rent

-$743

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,811 income − $6,554 expenses = $743 out of pocket

Income$5,811Out of Pocket$743Mortgage P&I$3,34057%Property Taxes$93716%Insurance$2284%HOA$751%Management$69712%CapEx$2324%Vacancy$1743%Maintenance$2324%Other$63911%

Investment Breakdown

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Purchase Price

$650k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$130k

Closing costs

1%

$6,499

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,811

Total Expenses

$6,554

Mortgage P&I

57%

$3,340

Property Taxes

16%

$937

Home Insurance

4%

$228

HOA

1%

$75

Property Management

12%

$697

CapEx

4%

$232

Vacancy

3%

$174

Maintenance

4%

$232

Other

11%

$639

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