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$2,740 (target)

2135 Falling Oaks Rd, Houston, TX 77038

3 beds • 2 baths • 1753 sqft

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This property might be a fair Mid-Term investment with a projected 1.97% first-year return on $63,990 initial cash invested.

1.97%

Cash On Cash

7.44%

Cap Rate

1.19

DSCR

$2,740

Rent

$105

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,740 income − $2,635 expenses = $105 cash flow

Income$2,740Mortgage P&I$1,14242%Property Taxes$45717%Insurance$773%HOA$271%Management$32912%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30111%Cash Flow$105

Investment Breakdown

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Purchase Price

$219k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,990

Downpayment

20%

$43,800

Closing costs

1%

$2,190

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,740

Total Expenses

$2,635

Mortgage P&I

42%

$1,142

Property Taxes

17%

$457

Home Insurance

3%

$77

HOA

1%

$27

Property Management

12%

$329

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$301

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