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$2,745 (target)

3101 Spencer St, Greenville, TX 75401

3 beds • 2 baths • 1460 sqft

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This property looks like a bad Mid-Term investment with a projected -3.68% first-year return on $73,650 initial cash invested.

-3.68%

Cash On Cash

6.08%

Cap Rate

0.92

DSCR

$2,745

Rent

-$226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,745 income − $2,971 expenses = $226 out of pocket

Income$2,745Out of Pocket$226Mortgage P&I$1,45853%Property Taxes$48718%Insurance$933%Management$32912%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30211%

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,745

Total Expenses

$2,971

Mortgage P&I

53%

$1,458

Property Taxes

18%

$487

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$329

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

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