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$2,824 (target)

1005 W South St, Leander, TX 78641

3 beds • 2 baths • 2001 sqft

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This property looks like a bad Mid-Term investment with a projected -6.12% first-year return on $86,250 initial cash invested.

-6.12%

Cash On Cash

4.78%

Cap Rate

0.8

DSCR

$2,824

Rent

-$440

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,824 income − $3,264 expenses = $440 out of pocket

Income$2,824Out of Pocket$440Mortgage P&I$1,62157%Property Taxes$53819%Insurance$1144%HOA$301%Management$33912%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31111%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,824

Total Expenses

$3,264

Mortgage P&I

57%

$1,621

Property Taxes

19%

$538

Home Insurance

4%

$114

HOA

1%

$30

Property Management

12%

$339

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$311

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