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$3,796 (target)

135 Paige Ln, Forney, TX 75126

3 beds • 3 baths • 2252 sqft

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This property might be a fair Mid-Term investment with a projected 2.52% first-year return on $85,263 initial cash invested.

2.52%

Cash On Cash

7.22%

Cap Rate

1.21

DSCR

$3,796

Rent

$179

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,796 income − $3,617 expenses = $179 cash flow

Income$3,796Mortgage P&I$1,59642%Property Taxes$61516%Insurance$1143%Management$45612%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41811%Cash Flow$179

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,263

Downpayment

20%

$64,060

Closing costs

1%

$3,203

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,796

Total Expenses

$3,617

Mortgage P&I

42%

$1,596

Property Taxes

16%

$615

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$456

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$418

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