Available DFW · CONDO

7340 Skillman St #1013 Reveal Address

Dallas, TX 75231

$114,551

1 bd · 1 ba · 713 sqft · Built 1982

Notes

595-square-foot condo in Dallas (1983). 1 bed / 1 bath, tenanted at $1,050/mo.

7340 Skillman St #1013, Dallas, TX 75231

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Annual, at default assumptions.

Property Tax $2,819

Insurance $573

HOA $343

Property Management $1,008

Vacancy Reserve $630

Maintenance + CapEx $1,008

Total Operating Expenses

$6,381

Annual NOI

$6,219

Cash Flowing Day One

Occupied with a paying tenant. Rent hits your account month one.
Lease already in place. No tenant search, no leasing fee, no vacancy month.
Professionally managed end-to-end. We stay on post-close so you don't have to.
Full tax and rent history available on request. Underwrite on real numbers, not pro-forma.

Fair-Market Snapshot

5% Below Market

Asking

$114,551

Consensus Value

$120,580

Consensus of county tax valuation, Zillow Zestimate, HomeCanvasser AVM, and broker BPO. Not an appraisal.

Model your return

How the metrics work

Gross Yield: Annual rent ÷ asking price. Pre-expense, pre-debt. Best for scanning income across properties.
Cap Rate: NOI ÷ asking price. Same idea as Yield, but after operating expenses (tax, insurance, HOA, 8% management, 5% vacancy, 5% maintenance). Doesn't include financing.
Monthly Cash Flow (CF/mo): What hits your account after operating expenses and mortgage. Depends on down payment and interest rate — use the sliders.
Cash-on-Cash (CoC): Annual cash flow ÷ cash required at close. Your return on the money you actually put down. Also moves with the sliders.