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$3,597 (target)

108 Spring Creek St, Waco, TX 76705

3 beds • 3 baths • 2637 sqft

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This property might be a fair Mid-Term investment with a projected 4.39% first-year return on $72,726 initial cash invested.

4.39%

Cash On Cash

7.92%

Cap Rate

1.31

DSCR

$3,597

Rent

$266

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,597 income − $3,331 expenses = $266 cash flow

Income$3,597Mortgage P&I$1,31136%Property Taxes$63218%Insurance$1645%Management$43212%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39611%Cash Flow$266

Investment Breakdown

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Purchase Price

$261k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,726

Downpayment

20%

$52,120

Closing costs

1%

$2,606

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,597

Total Expenses

$3,331

Mortgage P&I

36%

$1,311

Property Taxes

18%

$632

Home Insurance

5%

$164

HOA

0%

$0

Property Management

12%

$432

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$396

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