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$2,106 (target)

1404 Rice Dr, Lufkin, TX 75901

3 beds • 3 baths • 1736 sqft

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This property could be a profitable Mid-Term investment with a projected 11.86% first-year return on $51,495 initial cash invested.

11.86%

Cash On Cash

10.62%

Cap Rate

1.72

DSCR

$2,106

Rent

$509

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,106 income − $1,597 expenses = $509 cash flow

Income$2,106Mortgage P&I$81939%Property Taxes$6Insurance$563%Management$25312%CapEx$844%Vacancy$633%Maintenance$844%Other$23211%Cash Flow$509

Investment Breakdown

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Purchase Price

$160k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,495

Downpayment

20%

$31,900

Closing costs

1%

$1,595

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,106

Total Expenses

$1,597

Mortgage P&I

39%

$819

Property Taxes

0%

$6

Home Insurance

3%

$56

HOA

0%

$0

Property Management

12%

$253

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$232

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