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$1,850 (target)

23911 Falling Daylight Dr, Hockley, TX 77447

3 beds • 2 baths • 1505 sqft

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This property looks like a bad Long-Term investment with a projected -17.24% first-year return on $49,350 initial cash invested.

-17.24%

Cash On Cash

3.09%

Cap Rate

0.5

DSCR

$1,850

Rent

-$709

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,850 income − $2,559 expenses = $709 out of pocket

Income$1,850Out of Pocket$709Mortgage P&I$1,22266%Property Taxes$71238%Insurance$824%HOA$633%Management$18510%CapEx$925%Vacancy$1116%Maintenance$925%

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,850

Total Expenses

$2,559

Mortgage P&I

66%

$1,222

Property Taxes

38%

$712

Home Insurance

4%

$82

HOA

3%

$63

Property Management

10%

$185

CapEx

5%

$92

Vacancy

6%

$111

Maintenance

5%

$92

Other

0%

$0

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