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914 Meadow Mead Dr, Allen, TX 75002

3 beds • 2 baths • 1071 sqft

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This property looks like a bad Long-Term investment with a projected -8.62% first-year return on $56,259 initial cash invested.

-8.62%

Cash On Cash

4.54%

Cap Rate

0.77

DSCR

$1,924

Rent

-$404

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,259

Downpayment

20%

$53,580

Closing costs

1%

$2,679

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,924

Total Expenses

$2,328

Mortgage P&I

69%

$1,322

Property Taxes

21%

$411

Home Insurance

5%

$96

HOA

0%

$0

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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