3205 Meadowview Dr

Corinth, TX 76210
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4 bd, 2.5 ba | 3,056 sqft | Built in 1994

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List Price
$234,900

Initial Investment

$61,394

Purchase Price

$225,300

Down Payment

25%

Rent

$1,950

Total Return

$79,554

Annualized Return

17.2%

Cap Rate

4.6%

Gross Yield

10.4%

Cash Flow

-$2,678

Appreciation

7.3%
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Features

Occupancy

Occupied

Lease Start

02/24/2017

Lease End

03/02/2020

Lot Size

7,665

HOA

None

Flood Risk

Not Required

  • 4-star neighborhood
  • Leased through 2020
  • Attractive (6+) school scores
  • Located in the Fairview community, close to freeways, restaurants, shopping, and parks

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Annual Financial Highlights

Expected Rent

$22,230

Expenses

-$5,959

Property Taxes

-$6,700

Loan Payments

-$12,248

Net Cash Flow

-$2,678

See more in Financials

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