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$2,748 (target)

1318 Oakdale Dr, Palestine, TX 75801

3 beds • 2 baths • 1568 sqft

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This property could be a profitable Mid-Term investment with a projected 16.46% first-year return on $50,949 initial cash invested.

16.46%

Cash On Cash

12.52%

Cap Rate

1.98

DSCR

$2,748

Rent

$699

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,748 income − $2,049 expenses = $699 cash flow

Income$2,748Mortgage P&I$82830%Property Taxes$2288%Insurance$592%Management$33012%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30211%Cash Flow$699

Investment Breakdown

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Purchase Price

$157k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,949

Downpayment

20%

$31,380

Closing costs

1%

$1,569

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,748

Total Expenses

$2,049

Mortgage P&I

30%

$828

Property Taxes

8%

$228

Home Insurance

2%

$59

HOA

0%

$0

Property Management

12%

$330

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

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