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$3,099 (target)

101 Fannin Ave, Levelland, TX 79336

3 beds • 3 baths • 2308 sqft

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This property might be a fair Mid-Term investment with a projected 3.05% first-year return on $73,608 initial cash invested.

3.05%

Cash On Cash

7.45%

Cap Rate

1.23

DSCR

$3,099

Rent

$187

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,099 income − $2,912 expenses = $187 cash flow

Income$3,099Mortgage P&I$1,33443%Property Taxes$42914%Insurance$953%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%Cash Flow$187

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,608

Downpayment

20%

$52,960

Closing costs

1%

$2,648

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,099

Total Expenses

$2,912

Mortgage P&I

43%

$1,334

Property Taxes

14%

$429

Home Insurance

3%

$95

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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