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1501 Edgewater Rd, Abilene, TX 79602

3 beds • 2 baths • 2055 sqft

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This property might be a fair Mid-Term investment with a projected 9.38% first-year return on $92,088 initial cash invested.

9.38%

Cash On Cash

8.91%

Cap Rate

1.53

DSCR

$4,656

Rent

$720

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$353k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,088

Downpayment

20%

$70,560

Closing costs

1%

$3,528

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,656

Total Expenses

$3,936

Mortgage P&I

37%

$1,713

Property Taxes

11%

$512

Home Insurance

3%

$128

HOA

0%

$0

Property Management

12%

$559

CapEx

4%

$186

Vacancy

3%

$140

Maintenance

4%

$186

Other

11%

$512

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