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$2,280 (target)

2808 Longhorn Dr, Weslaco, TX 78596

3 beds • 2 baths • 1300 sqft

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This property might be a fair Mid-Term investment with a projected 7.87% first-year return on $53,700 initial cash invested.

7.87%

Cash On Cash

9.39%

Cap Rate

1.5

DSCR

$2,280

Rent

$352

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,280 income − $1,928 expenses = $352 cash flow

Income$2,280Mortgage P&I$88739%Property Taxes$2069%Insurance$603%Management$27412%CapEx$914%Vacancy$683%Maintenance$914%Other$25111%Cash Flow$352

Investment Breakdown

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Purchase Price

$170k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,700

Downpayment

20%

$34,000

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,280

Total Expenses

$1,928

Mortgage P&I

39%

$887

Property Taxes

9%

$206

Home Insurance

3%

$60

HOA

0%

$0

Property Management

12%

$274

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$251

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