Real Estate

516 Vz County Road 1216, Grand Saline, TX 75140

Property Details for 516 Vz County Road 1216, Grand Saline, TX 75140

Property Detail Name Property Detail Value
Address 516 Vz County Road 1216, Grand Saline, TX 75140
Property Type Single Family
Price $895,000
Price Change $0
Tax Assessed Value $155,200
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 2.0
Living Area 1,800.0
Lot Area 20.35
Lot Area Unit ACRES
Year Built 1980

Financial Summary for 516 Vz County Road 1216, Grand Saline, TX 75140

Financial Metric Name Financial Metric Value
Cash on Cash Return -25.9%
Monthly Rent $1,768
Net Operating Income $1,499
Cap Rate 2.0%
Monthly Cash Flow -$3,862
Gross Rent Multiplier 42.2
Debt Service Coverage Ratio 0.3
Principal and Interest $4,488
Tax $873
HOA Fees $0
Insurance $269
Total Payment $5,630