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$2,930 (target)

3120 Mitchell Ave, Waco, TX 76708

3 beds • 2 baths • 1561 sqft

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This property could be a profitable Mid-Term investment with a projected 17.53% first-year return on $46,140 initial cash invested.

17.53%

Cash On Cash

13.73%

Cap Rate

2.07

DSCR

$2,930

Rent

$674

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,930 income − $2,256 expenses = $674 cash flow

Income$2,930Mortgage P&I$74225%Property Taxes$45315%Insurance$652%Management$35212%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32211%Cash Flow$674

Investment Breakdown

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Purchase Price

$134k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,140

Downpayment

20%

$26,800

Closing costs

1%

$1,340

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,930

Total Expenses

$2,256

Mortgage P&I

25%

$742

Property Taxes

15%

$453

Home Insurance

2%

$65

HOA

0%

$0

Property Management

12%

$352

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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