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$2,458 (target)

1231 Newman Ave, Iowa Park, TX 76367

3 beds • 2 baths • 1232 sqft

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This property might be a fair Mid-Term investment with a projected 6.28% first-year return on $57,942 initial cash invested.

6.28%

Cash On Cash

8.69%

Cap Rate

1.41

DSCR

$2,458

Rent

$303

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,458 income − $2,155 expenses = $303 cash flow

Income$2,458Mortgage P&I$97640%Property Taxes$27811%Insurance$663%Management$29512%CapEx$984%Vacancy$743%Maintenance$984%Other$27011%Cash Flow$303

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,942

Downpayment

20%

$38,040

Closing costs

1%

$1,902

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,458

Total Expenses

$2,155

Mortgage P&I

40%

$976

Property Taxes

11%

$278

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$295

CapEx

4%

$98

Vacancy

3%

$74

Maintenance

4%

$98

Other

11%

$270

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