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$2,820 (target)

304 Harriett St, Longview, TX 75605

3 beds • 2 baths • 1616 sqft

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This property could be a profitable Mid-Term investment with a projected 19.81% first-year return on $46,350 initial cash invested.

19.81%

Cash On Cash

14.03%

Cap Rate

2.25

DSCR

$2,820

Rent

$765

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,820 income − $2,055 expenses = $765 cash flow

Income$2,820Mortgage P&I$70025%Property Taxes$34912%Insurance$472%Management$33812%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31011%Cash Flow$765

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,350

Downpayment

20%

$27,000

Closing costs

1%

$1,350

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,820

Total Expenses

$2,055

Mortgage P&I

25%

$700

Property Taxes

12%

$349

Home Insurance

2%

$47

HOA

0%

$0

Property Management

12%

$338

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$310

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