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$3,939 (target)

15111 Stonewick Dr, Houston, TX 77068

3 beds • 3 baths • 2484 sqft

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This property might be a fair Mid-Term investment with a projected 4.34% first-year return on $84,150 initial cash invested.

4.34%

Cash On Cash

7.85%

Cap Rate

1.29

DSCR

$3,939

Rent

$304

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,939 income − $3,635 expenses = $304 cash flow

Income$3,939Mortgage P&I$1,59841%Property Taxes$55214%Insurance$1103%HOA$351%Management$47312%CapEx$1584%Vacancy$1183%Maintenance$1584%Other$43311%Cash Flow$304

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,939

Total Expenses

$3,635

Mortgage P&I

41%

$1,598

Property Taxes

14%

$552

Home Insurance

3%

$110

HOA

1%

$35

Property Management

12%

$473

CapEx

4%

$158

Vacancy

3%

$118

Maintenance

4%

$158

Other

11%

$433

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