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$1,778 (target)

2428 63rd St, Port Arthur, TX 77640

3 beds • 2 baths • 1792 sqft

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This property could be a profitable Long-Term investment with a projected 24.75% first-year return on $27,300 initial cash invested.

24.75%

Cash On Cash

12.27%

Cap Rate

1.96

DSCR

$1,778

Rent

$563

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,778 income − $1,215 expenses = $563 cash flow

Income$1,778Mortgage P&I$67738%Property Taxes$292%Insurance$463%Management$17810%CapEx$895%Vacancy$1076%Maintenance$895%Cash Flow$563

Investment Breakdown

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Purchase Price

$130k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,300

Downpayment

20%

$26,000

Closing costs

1%

$1,300

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,778

Total Expenses

$1,215

Mortgage P&I

38%

$677

Property Taxes

2%

$29

Home Insurance

3%

$46

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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