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$2,674 (target)

23008 Whispering Meadow Dr, Whitney, TX 76692

3 beds • 2 baths • 1926 sqft

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This property looks like a bad Mid-Term investment with a projected -8.06% first-year return on $84,150 initial cash invested.

-8.06%

Cash On Cash

4.27%

Cap Rate

0.71

DSCR

$2,674

Rent

-$565

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,674 income − $3,239 expenses = $565 out of pocket

Income$2,674Out of Pocket$565Mortgage P&I$1,57859%Property Taxes$39215%Insurance$1104%HOA$2509%Management$32112%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29411%

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,674

Total Expenses

$3,239

Mortgage P&I

59%

$1,578

Property Taxes

15%

$392

Home Insurance

4%

$110

HOA

9%

$250

Property Management

12%

$321

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$294

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