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280 Road 5504, Cleveland, TX 77327

3 beds • 2 baths • 924 sqft

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This property could be a profitable Long-Term investment with a projected 10.11% first-year return on $27,300 initial cash invested.

10.11%

Cash On Cash

8.83%

Cap Rate

1.45

DSCR

$1,355

Rent

$230

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$130k

Downpayment

20.0%

Interest Rate

6.5%

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

$1,355

Total Expenses

$1,125

Mortgage P&I

49%

$659

Property Taxes

4%

$55

Home Insurance

3%

$46

HOA

1%

$12

Property Management

10%

$136

CapEx

5%

$68

Vacancy

6%

$81

Maintenance

5%

$68

Other

0%

$0

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