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$3,854 (target)

3212 Wavecrest St, League City, TX 77573

3 beds • 2 baths • 1524 sqft

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This property could be a profitable Mid-Term investment with a projected 15.5% first-year return on $74,112 initial cash invested.

15.5%

Cash On Cash

11.01%

Cap Rate

1.83

DSCR

$3,854

Rent

$957

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,854 income − $2,897 expenses = $957 cash flow

Income$3,854Mortgage P&I$1,34035%Property Taxes$1534%Insurance$942%Management$46212%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42411%Cash Flow$957

Investment Breakdown

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Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,112

Downpayment

20%

$53,440

Closing costs

1%

$2,672

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,854

Total Expenses

$2,897

Mortgage P&I

35%

$1,340

Property Taxes

4%

$153

Home Insurance

2%

$94

HOA

0%

$0

Property Management

12%

$462

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$424

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