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$2,134 (target)

2302 N Akin St, Texarkana, TX 75501

3 beds • 2 baths • 1475 sqft

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This property could be a profitable Mid-Term investment with a projected 19.32% first-year return on $40,995 initial cash invested.

19.32%

Cash On Cash

14.47%

Cap Rate

2.3

DSCR

$2,134

Rent

$660

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,134 income − $1,474 expenses = $660 cash flow

Income$2,134Mortgage P&I$57527%Property Taxes$1507%Insurance$241%Management$25612%CapEx$854%Vacancy$643%Maintenance$854%Other$23511%Cash Flow$660

Investment Breakdown

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Purchase Price

$110k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,995

Downpayment

20%

$21,900

Closing costs

1%

$1,095

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,134

Total Expenses

$1,474

Mortgage P&I

27%

$575

Property Taxes

7%

$150

Home Insurance

1%

$24

HOA

0%

$0

Property Management

12%

$256

CapEx

4%

$85

Vacancy

3%

$64

Maintenance

4%

$85

Other

11%

$235

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