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$2,620 (target)

3339 N State Highway 19, Palestine, TX 75803

3 beds • 2 baths • 2062 sqft

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This property might be a fair Mid-Term investment with a projected 0.39% first-year return on $73,650 initial cash invested.

0.39%

Cash On Cash

6.48%

Cap Rate

1.1

DSCR

$2,620

Rent

$24

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,620 income − $2,596 expenses = $24 cash flow

Income$2,620Mortgage P&I$1,30250%Property Taxes$31012%Insurance$934%Management$31412%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28811%Cash Flow$24

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,620

Total Expenses

$2,596

Mortgage P&I

50%

$1,302

Property Taxes

12%

$310

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$288

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