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$2,982 (target)

886 Azalea Rd, Gilmer, TX 75645

3 beds • 3 baths • 1646 sqft

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This property looks like a bad Mid-Term investment with a projected -7.21% first-year return on $96,330 initial cash invested.

-7.21%

Cash On Cash

5.12%

Cap Rate

0.78

DSCR

$2,982

Rent

-$579

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,982 income − $3,561 expenses = $579 out of pocket

Income$2,982Out of Pocket$579Mortgage P&I$2,05269%Property Taxes$36512%Insurance$1314%Management$35812%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%

Investment Breakdown

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Purchase Price

$373k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,330

Downpayment

20%

$74,600

Closing costs

1%

$3,730

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,982

Total Expenses

$3,561

Mortgage P&I

69%

$2,052

Property Taxes

12%

$365

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

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