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$2,991 (target)

108 Country Club Dr, Longview, TX 75602

3 beds • 2 baths • 2020 sqft

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This property looks like a bad Mid-Term investment with a projected -1.94% first-year return on $85,368 initial cash invested.

-1.94%

Cash On Cash

6.32%

Cap Rate

0.99

DSCR

$2,991

Rent

-$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,991 income − $3,129 expenses = $138 out of pocket

Income$2,991Out of Pocket$138Mortgage P&I$1,70757%Property Taxes$29010%Insurance$1144%Management$35912%CapEx$1204%Vacancy$903%Maintenance$1204%Other$32911%

Investment Breakdown

|

Purchase Price

$321k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,368

Downpayment

20%

$64,160

Closing costs

1%

$3,208

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,991

Total Expenses

$3,129

Mortgage P&I

57%

$1,707

Property Taxes

10%

$290

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$359

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$329

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