Property Listing

114 Wilderness Ave Mesquite, TX 75149


Property Overview

PROPERTY INFORMATION
114 Wilderness
Mesquite, TX 75149
Purchase Price $110,000.00
Number of Bedrooms 3
Number of Bathrooms 2
Car Storage 2 Car Garage
Estimated Rent Range $1,075-$1,175
Rent Amount for Calculations $1,175.00
Estimated Annual Property Taxes $2,266.00
Estimated Annual Homeowners Insurance $900.00
Estimated Annual HOA Dues $0.00
Estimated Annual Vacancy Expense (5%) $705.00
Estimated Annual Maintenance Expense (5%) $705.00
Estimated Annual Management Fee (10% and Lease Fee) $1,801.67
Year Built 1984
Square Footage 1,333
Price Per Square Foot $82.52
SUMMARY OF RETURNS BY PURCHASE METHOD
Estimated Cash Purchase Gross Monthly Income $761.03
Estimated Cash Purchase Gross Return on Investment 8.30%
Estimated Monthly Gross Cash Flow Bridge IRA Leveraging $38.65
Estimated Annual Return Bridge IRA Leveraging 0.84%
Estimated Monthly Gross Cash Flow Conventional Financing $318.15
Estimated Annual Return Conventional Financing 13.88%

Property Details
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