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3206 Carrie Ln, Longview, TX 75602

3 beds • 2 baths • 1524 sqft

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This property looks like a bad Mid-Term investment with a projected -2.89% first-year return on $76,800 initial cash invested.

-2.89%

Cash On Cash

5.56%

Cap Rate

0.94

DSCR

$2,414

Rent

-$185

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,800

Downpayment

20%

$56,000

Closing costs

1%

$2,800

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,414

Total Expenses

$2,599

Mortgage P&I

57%

$1,385

Property Taxes

12%

$294

Home Insurance

4%

$98

HOA

0%

$0

Property Management

12%

$290

CapEx

4%

$97

Vacancy

3%

$72

Maintenance

4%

$97

Other

11%

$266

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