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$2,414 (target)

3647 Us Highway 271 N, Gilmer, TX 75644

3 beds • 2 baths • 1509 sqft

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This property might be a fair Mid-Term investment with a projected 2.78% first-year return on $61,827 initial cash invested.

2.78%

Cash On Cash

8.13%

Cap Rate

1.2

DSCR

$2,414

Rent

$143

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,414 income − $2,271 expenses = $143 cash flow

Income$2,414Mortgage P&I$1,17449%Property Taxes$2018%Insurance$743%Management$29012%CapEx$974%Vacancy$723%Maintenance$974%Other$26611%Cash Flow$143

Investment Breakdown

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Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,827

Downpayment

20%

$41,740

Closing costs

1%

$2,087

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,414

Total Expenses

$2,271

Mortgage P&I

49%

$1,174

Property Taxes

8%

$201

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$290

CapEx

4%

$97

Vacancy

3%

$72

Maintenance

4%

$97

Other

11%

$266

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