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$7,262 (target)

301 Pinon Dr, Amarillo, TX 79118

3 beds • 3 baths • 3580 sqft

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This property could be a profitable Mid-Term investment with a projected 11.72% first-year return on $128k initial cash invested.

11.72%

Cash On Cash

9.61%

Cap Rate

1.58

DSCR

$7,262

Rent

$1,253

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,262 income − $6,009 expenses = $1,253 cash flow

Income$7,262Mortgage P&I$2,66337%Property Taxes$6319%Insurance$1843%HOA$631%Management$87112%CapEx$2904%Vacancy$2183%Maintenance$2904%Other$79911%Cash Flow$1,253

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$7,262

Total Expenses

$6,009

Mortgage P&I

37%

$2,663

Property Taxes

9%

$631

Home Insurance

3%

$184

HOA

1%

$63

Property Management

12%

$871

CapEx

4%

$290

Vacancy

3%

$218

Maintenance

4%

$290

Other

11%

$799

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