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$3,542 (target)

2818 Parthenon Pl, New Caney, TX 77357

3 beds • 2 baths • 2945 sqft

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This property could be a profitable Mid-Term investment with a projected 14.71% first-year return on $62,079 initial cash invested.

14.71%

Cash On Cash

11.45%

Cap Rate

1.82

DSCR

$3,542

Rent

$761

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,542 income − $2,781 expenses = $761 cash flow

Income$3,542Mortgage P&I$1,09931%Property Taxes$39811%Insurance$742%HOA$5Management$42512%CapEx$1424%Vacancy$1063%Maintenance$1424%Other$39011%Cash Flow$761

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,079

Downpayment

20%

$41,980

Closing costs

1%

$2,099

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,542

Total Expenses

$2,781

Mortgage P&I

31%

$1,099

Property Taxes

11%

$398

Home Insurance

2%

$74

HOA

0%

$5

Property Management

12%

$425

CapEx

4%

$142

Vacancy

3%

$106

Maintenance

4%

$142

Other

11%

$390

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