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180 Maurine Ln, Cleveland, TX 77328

3 beds • 2 baths • 1300 sqft

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This property might be a fair Mid-Term investment with a projected 1.37% first-year return on $68,400 initial cash invested.

1.37%

Cash On Cash

6.92%

Cap Rate

1.14

DSCR

$2,324

Rent

$78

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$240k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,400

Downpayment

20%

$48,000

Closing costs

1%

$2,400

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,324

Total Expenses

$2,246

Mortgage P&I

52%

$1,212

Property Taxes

7%

$159

Home Insurance

4%

$84

HOA

0%

$0

Property Management

12%

$279

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$256

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