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$3,024 (target)

2715 Lori Ln, Longview, TX 75605

3 beds • 2 baths • 1526 sqft

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This property might be a fair Mid-Term investment with a projected 8.73% first-year return on $71,592 initial cash invested.

8.73%

Cash On Cash

9.04%

Cap Rate

1.5

DSCR

$3,024

Rent

$521

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,024 income − $2,503 expenses = $521 cash flow

Income$3,024Mortgage P&I$1,28142%Property Taxes$1023%Insurance$913%Management$36312%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33311%Cash Flow$521

Investment Breakdown

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Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,592

Downpayment

20%

$51,040

Closing costs

1%

$2,552

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,024

Total Expenses

$2,503

Mortgage P&I

42%

$1,281

Property Taxes

3%

$102

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$333

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