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$2,775 (target)

23911 Falling Daylight Dr, Hockley, TX 77447

3 beds • 2 baths • 1505 sqft

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This property looks like a bad Mid-Term investment with a projected -4.4% first-year return on $67,350 initial cash invested.

-4.4%

Cash On Cash

5.55%

Cap Rate

0.89

DSCR

$2,775

Rent

-$247

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,775 income − $3,022 expenses = $247 out of pocket

Income$2,775Out of Pocket$247Mortgage P&I$1,22244%Property Taxes$71226%Insurance$823%HOA$632%Management$33312%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30511%

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,775

Total Expenses

$3,022

Mortgage P&I

44%

$1,222

Property Taxes

26%

$712

Home Insurance

3%

$82

HOA

2%

$63

Property Management

12%

$333

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

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