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$2,278 (target)

118 Redwood Dr, Palestine, TX 75801

3 beds • 2 baths • 1360 sqft

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This property could be a profitable Mid-Term investment with a projected 12.22% first-year return on $47,547 initial cash invested.

12.22%

Cash On Cash

11.11%

Cap Rate

1.79

DSCR

$2,278

Rent

$484

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,278 income − $1,794 expenses = $484 cash flow

Income$2,278Mortgage P&I$72832%Property Taxes$22810%Insurance$643%Management$27312%CapEx$914%Vacancy$683%Maintenance$914%Other$25111%Cash Flow$484

Investment Breakdown

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Purchase Price

$141k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,547

Downpayment

20%

$28,140

Closing costs

1%

$1,407

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,278

Total Expenses

$1,794

Mortgage P&I

32%

$728

Property Taxes

10%

$228

Home Insurance

3%

$64

HOA

0%

$0

Property Management

12%

$273

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$251

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