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$3,076 (target)

2023 Mustang Dr, Levelland, TX 79336

3 beds • 2 baths • 2114 sqft

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This property might be a fair Mid-Term investment with a projected 3.63% first-year return on $68,400 initial cash invested.

3.63%

Cash On Cash

8.04%

Cap Rate

1.26

DSCR

$3,076

Rent

$207

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,076 income − $2,869 expenses = $207 cash flow

Income$3,076Mortgage P&I$1,27742%Property Taxes$46315%Insurance$843%Management$36912%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33811%Cash Flow$207

Investment Breakdown

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Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.0%

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

$3,076

Total Expenses

$2,869

Mortgage P&I

42%

$1,277

Property Taxes

15%

$463

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$369

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$338

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