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$2,574 (target)

2812 Rampy Ave, Gladewater, TX 75647

3 beds • 2 baths • 1698 sqft

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This property might be a fair Mid-Term investment with a projected 7.92% first-year return on $57,102 initial cash invested.

7.92%

Cash On Cash

9.38%

Cap Rate

1.49

DSCR

$2,574

Rent

$377

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,574 income − $2,197 expenses = $377 cash flow

Income$2,574Mortgage P&I$97538%Property Taxes$28111%Insurance$663%Management$30912%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28311%Cash Flow$377

Investment Breakdown

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Purchase Price

$186k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,102

Downpayment

20%

$37,240

Closing costs

1%

$1,862

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,574

Total Expenses

$2,197

Mortgage P&I

38%

$975

Property Taxes

11%

$281

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$309

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$283

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