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$2,446 (target)

23402 Sonoma Valley Dr, Magnolia, TX 77355

3 beds • 3 baths • 2614 sqft

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This property looks like a bad Mid-Term investment with a projected -21.08% first-year return on $153k initial cash invested.

-21.08%

Cash On Cash

1.15%

Cap Rate

0.19

DSCR

$2,446

Rent

-$2,696

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,446 income − $5,142 expenses = $2,696 out of pocket

Income$2,446Out of Pocket$2,696Mortgage P&I$3,215131%Property Taxes$83834%Insurance$2269%HOA$311%Management$29412%CapEx$984%Vacancy$733%Maintenance$984%Other$26911%

Investment Breakdown

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Purchase Price

$645k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$153k

Downpayment

20%

$129k

Closing costs

1%

$6,450

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,446

Total Expenses

$5,142

Mortgage P&I

131%

$3,215

Property Taxes

34%

$838

Home Insurance

9%

$226

HOA

1%

$31

Property Management

12%

$294

CapEx

4%

$98

Vacancy

3%

$73

Maintenance

4%

$98

Other

11%

$269

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