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$3,776 (target)

1551 County Road 318, Cleveland, TX 77327

3 beds • 3 baths • 2750 sqft

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This property looks like a bad Mid-Term investment with a projected -10.12% first-year return on $132k initial cash invested.

-10.12%

Cash On Cash

3.82%

Cap Rate

0.64

DSCR

$3,776

Rent

-$1,112

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,776 income − $4,888 expenses = $1,112 out of pocket

Income$3,776Out of Pocket$1,112Mortgage P&I$2,68871%Property Taxes$65017%Insurance$2677%Management$45312%CapEx$1514%Vacancy$1133%Maintenance$1514%Other$41511%

Investment Breakdown

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Purchase Price

$542k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$108k

Closing costs

1%

$5,423

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,776

Total Expenses

$4,888

Mortgage P&I

71%

$2,688

Property Taxes

17%

$650

Home Insurance

7%

$267

HOA

0%

$0

Property Management

12%

$453

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$415

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