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$3,164 (target)

2704 Balsam St, Longview, TX 75605

3 beds • 2 baths • 1809 sqft

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This property might be a fair Mid-Term investment with a projected 9.72% first-year return on $69,534 initial cash invested.

9.72%

Cash On Cash

9.64%

Cap Rate

1.54

DSCR

$3,164

Rent

$563

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,164 income − $2,601 expenses = $563 cash flow

Income$3,164Mortgage P&I$1,28140%Property Taxes$1555%Insurance$883%Management$38012%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34811%Cash Flow$563

Investment Breakdown

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Purchase Price

$245k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,534

Downpayment

20%

$49,080

Closing costs

1%

$2,454

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,164

Total Expenses

$2,601

Mortgage P&I

40%

$1,281

Property Taxes

5%

$155

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$380

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$348

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