1718 Highgate Dr
Duncanville, TX 75137
List Price
$275,000
Initial Investment
$78,102Purchase Price
$275,000
Down Payment
25%
Rent
$1,700
Total Return
$87,316
Annualized Return
14.4%
Cap Rate
3.0%
Gross Yield
7.4%
Cash Flow
-$7,473
Appreciation
8.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
02/26/2021
Lease End
02/28/2023
Lot Size
9,679
HOA
None
Flood Risk
Not Required
- 20 mins from downtown Dallas
- Rental upside, currently below market rental rate
- Attractive and steady five year market appreciation
- Seller is working on repairing the below items from inspection report making this an ideal property for a new or seasoned investor:
(1) Exterior Walls: Set cracks in brick and mortar observed in several locations which can allow for moisture intrusion. Recommend evaluation and repairs by a qualified professional.
See more in Analysis
Annual Financial Highlights
Expected Rent
$19,380Expenses
-$5,203Property Taxes
-$6,700Loan Payments
-$14,950Net Cash Flow
-$7,473See more in Financials
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