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$3,609 (target)

928 Water Garden Cir, Little Elm, TX 75068

3 beds • 2 baths • 2058 sqft

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This property looks like a bad Mid-Term investment with a projected -5.14% first-year return on $95,000 initial cash invested.

-5.14%

Cash On Cash

5.15%

Cap Rate

0.86

DSCR

$3,609

Rent

-$407

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,609 income − $4,016 expenses = $407 out of pocket

Income$3,609Out of Pocket$407Mortgage P&I$1,83651%Property Taxes$73820%Insurance$1284%HOA$882%Management$43312%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39711%

Investment Breakdown

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Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,000

Downpayment

20%

$73,333

Closing costs

1%

$3,667

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,609

Total Expenses

$4,016

Mortgage P&I

51%

$1,836

Property Taxes

20%

$738

Home Insurance

4%

$128

HOA

2%

$88

Property Management

12%

$433

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$397

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