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$3,262 (target)

311 Glenwood Dr, Palestine, TX 75801

3 beds • 2 baths • 2126 sqft

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This property might be a fair Mid-Term investment with a projected 6.78% first-year return on $74,490 initial cash invested.

6.78%

Cash On Cash

8.48%

Cap Rate

1.41

DSCR

$3,262

Rent

$421

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,262 income − $2,841 expenses = $421 cash flow

Income$3,262Mortgage P&I$1,34941%Property Taxes$2909%Insurance$943%Management$39112%CapEx$1304%Vacancy$983%Maintenance$1304%Other$35911%Cash Flow$421

Investment Breakdown

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Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,490

Downpayment

20%

$53,800

Closing costs

1%

$2,690

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,262

Total Expenses

$2,841

Mortgage P&I

41%

$1,349

Property Taxes

9%

$290

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$391

CapEx

4%

$130

Vacancy

3%

$98

Maintenance

4%

$130

Other

11%

$359

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