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$5,550 (target)

321 Spencer Lndg W, La Porte, TX 77571

3 beds • 2 baths • 2558 sqft

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This property could be a profitable Mid-Term investment with a projected 12.78% first-year return on $91,101 initial cash invested.

12.78%

Cash On Cash

10.49%

Cap Rate

1.64

DSCR

$5,550

Rent

$970

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,550 income − $4,580 expenses = $970 cash flow

Income$5,550Mortgage P&I$1,85233%Property Taxes$68212%Insurance$1222%HOA$381%Management$66612%CapEx$2224%Vacancy$1663%Maintenance$2224%Other$61011%Cash Flow$970

Investment Breakdown

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Purchase Price

$348k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,101

Downpayment

20%

$69,620

Closing costs

1%

$3,481

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,550

Total Expenses

$4,580

Mortgage P&I

33%

$1,852

Property Taxes

12%

$682

Home Insurance

2%

$122

HOA

1%

$38

Property Management

12%

$666

CapEx

4%

$222

Vacancy

3%

$166

Maintenance

4%

$222

Other

11%

$610

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