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$3,888 (target)

311 Spence St, Kerrville, TX 78028

3 beds • 2 baths • 1593 sqft

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This property might be a fair Mid-Term investment with a projected 8.31% first-year return on $86,250 initial cash invested.

8.31%

Cash On Cash

8.87%

Cap Rate

1.46

DSCR

$3,888

Rent

$597

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,888 income − $3,291 expenses = $597 cash flow

Income$3,888Mortgage P&I$1,64942%Property Taxes$2045%Insurance$1143%Management$46712%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$42811%Cash Flow$597

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,888

Total Expenses

$3,291

Mortgage P&I

42%

$1,649

Property Taxes

5%

$204

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$467

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$428

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