For saleSingle family
$669,990
3305 Lakeland Ln
Anna TX 75409
4 beds, 3.5 baths, 3,435 sqft
3305 Lakeland Ln is a 4 beds, 3.5 baths, 3,435 sqft single family home for sale at $669,990 in Anna TX 75409. At 20% down it rents for an estimated $2,625/mo and returns -$2,325/mo a month at a 2.5% cap rate.
The deal math
Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.
- Estimated rent
- $2,625/mo
- Monthly cash flow
- -$2,325/mo
- Cap rate
- 2.5%
- Cash-on-cash
- -20.8%
- Max offer
- $303,000
Offer ≤ $303,000 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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