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$3,056 (target)

1704 Redwood Cir, Alvin, TX 77511

3 beds • 2 baths • 1640 sqft

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This property might be a fair Mid-Term investment with a projected 3.7% first-year return on $72,096 initial cash invested.

3.7%

Cash On Cash

7.61%

Cap Rate

1.27

DSCR

$3,056

Rent

$222

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,056 income − $2,834 expenses = $222 cash flow

Income$3,056Mortgage P&I$1,29042%Property Taxes$41213%Insurance$933%Management$36712%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33611%Cash Flow$222

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,096

Downpayment

20%

$51,520

Closing costs

1%

$2,576

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,056

Total Expenses

$2,834

Mortgage P&I

42%

$1,290

Property Taxes

13%

$412

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$367

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$336

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