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$5,666 (target)

14347 Ridge Way, Lindale, TX 75771

3 beds • 3 baths • 2880 sqft

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This property looks like a bad Mid-Term investment with a projected -9.33% first-year return on $207k initial cash invested.

-9.33%

Cash On Cash

4.19%

Cap Rate

0.69

DSCR

$5,666

Rent

-$1,608

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,666 income − $7,274 expenses = $1,608 out of pocket

Income$5,666Out of Pocket$1,608Mortgage P&I$4,51880%Property Taxes$4728%Insurance$3156%HOA$421%Management$68012%CapEx$2274%Vacancy$1703%Maintenance$2274%Other$62311%

Investment Breakdown

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Purchase Price

$899k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$207k

Downpayment

20%

$180k

Closing costs

1%

$8,990

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,666

Total Expenses

$7,274

Mortgage P&I

80%

$4,518

Property Taxes

8%

$472

Home Insurance

6%

$315

HOA

1%

$42

Property Management

12%

$680

CapEx

4%

$227

Vacancy

3%

$170

Maintenance

4%

$227

Other

11%

$623

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