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$2,664 (target)

17838 Planted Orchard Dr, Hockley, TX 77447

3 beds • 2 baths • 1197 sqft

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This property might be a fair Mid-Term investment with a projected 5.03% first-year return on $66,279 initial cash invested.

5.03%

Cash On Cash

8.27%

Cap Rate

1.32

DSCR

$2,664

Rent

$278

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,664 income − $2,386 expenses = $278 cash flow

Income$2,664Mortgage P&I$1,20045%Property Taxes$1325%Insurance$803%HOA$673%Management$32012%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29311%Cash Flow$278

Investment Breakdown

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Purchase Price

$230k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,279

Downpayment

20%

$45,980

Closing costs

1%

$2,299

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,664

Total Expenses

$2,386

Mortgage P&I

45%

$1,200

Property Taxes

5%

$132

Home Insurance

3%

$80

HOA

3%

$67

Property Management

12%

$320

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$293

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