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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 Mid-Term investment with a projected 15.07% first-year return on $45,300 initial cash invested.

15.07%

Cash On Cash

12.08%

Cap Rate

1.99

DSCR

$2,032

Rent

$569

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

$45,300

Downpayment

20%

$26,000

Closing costs

1%

$1,300

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,032

Total Expenses

$1,463

Mortgage P&I

32%

$659

Property Taxes

3%

$55

Home Insurance

2%

$46

HOA

1%

$12

Property Management

12%

$244

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$224

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