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$3,700 (target)

321 Spencer Lndg W, La Porte, TX 77571

3 beds • 2 baths • 2558 sqft

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This property might be a fair Long-Term investment with a projected 0.72% first-year return on $73,101 initial cash invested.

0.72%

Cash On Cash

7.17%

Cap Rate

1.12

DSCR

$3,700

Rent

$44

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,700 income − $3,656 expenses = $44 cash flow

Income$3,700Mortgage P&I$1,85250%Property Taxes$68218%Insurance$1223%HOA$381%Management$37010%CapEx$1855%Vacancy$2226%Maintenance$1855%Cash Flow$44

Investment Breakdown

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Purchase Price

$348k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,101

Downpayment

20%

$69,620

Closing costs

1%

$3,481

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,700

Total Expenses

$3,656

Mortgage P&I

50%

$1,852

Property Taxes

18%

$682

Home Insurance

3%

$122

HOA

1%

$38

Property Management

10%

$370

CapEx

5%

$185

Vacancy

6%

$222

Maintenance

5%

$185

Other

0%

$0

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