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$2,552 (target)

13579 Bay Springs Dr, Conroe, TX 77303

3 beds • 2 baths • 1273 sqft

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This property might be a fair Mid-Term investment with a projected 6.66% first-year return on $63,780 initial cash invested.

6.66%

Cash On Cash

8.66%

Cap Rate

1.41

DSCR

$2,552

Rent

$354

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,552 income − $2,198 expenses = $354 cash flow

Income$2,552Mortgage P&I$1,11844%Property Taxes$823%Insurance$763%HOA$542%Management$30612%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28111%Cash Flow$354

Investment Breakdown

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Purchase Price

$218k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,780

Downpayment

20%

$43,600

Closing costs

1%

$2,180

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,552

Total Expenses

$2,198

Mortgage P&I

44%

$1,118

Property Taxes

3%

$82

Home Insurance

3%

$76

HOA

2%

$54

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$281

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