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$5,362 (target)

1206 Redbud St, Little Elm, TX 75068

3 beds • 3 baths • 1824 sqft

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This property could be a profitable Mid-Term investment with a projected 21.92% first-year return on $84,192 initial cash invested.

21.92%

Cash On Cash

12.81%

Cap Rate

2.09

DSCR

$5,362

Rent

$1,538

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,362 income − $3,824 expenses = $1,538 cash flow

Income$5,362Mortgage P&I$1,61430%Property Taxes$2765%Insurance$1122%Management$64312%CapEx$2144%Vacancy$1613%Maintenance$2144%Other$59011%Cash Flow$1,538

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,192

Downpayment

20%

$63,040

Closing costs

1%

$3,152

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$5,362

Total Expenses

$3,824

Mortgage P&I

30%

$1,614

Property Taxes

5%

$276

Home Insurance

2%

$112

HOA

0%

$0

Property Management

12%

$643

CapEx

4%

$214

Vacancy

3%

$161

Maintenance

4%

$214

Other

11%

$590

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