234 Trailridge Dr
Garland, TX 75043
Portfolio Sale
List Price
$165,000
Initial Investment
$46,384Purchase Price
$164,000
Down Payment
25%
Rent
$1,408
Total Return
$84,621
Annualized Return
22.6%
Cap Rate
5.2%
Gross Yield
10.3%
Cash Flow
-$1,075
Appreciation
9.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
08/01/2015
Lease End
09/30/2020
Lot Size
7,810
HOA
None
Flood Risk
Not Required
- Solid long-term tenant (leased since 2015), responsible and consistently pays on time
- Corner lot with a new fence
- Seller recently made repairs on home, view inspection documents for more info
See more in Analysis
Annual Financial Highlights
Expected Rent
$16,051Expenses
-$4,110Property Taxes
-$4,100Loan Payments
-$8,916Net Cash Flow
-$1,075See more in Financials
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