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$2,542 (target)

391 County Road 3254, Quitman, TX 75783

3 beds • 2 baths • 2376 sqft

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This property might be a fair Mid-Term investment with a projected 4.12% first-year return on $66,090 initial cash invested.

4.12%

Cash On Cash

8.01%

Cap Rate

1.27

DSCR

$2,542

Rent

$227

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,542 income − $2,315 expenses = $227 cash flow

Income$2,542Mortgage P&I$1,19947%Property Taxes$1717%Insurance$803%Management$30512%CapEx$1024%Vacancy$763%Maintenance$1024%Other$28011%Cash Flow$227

Investment Breakdown

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Purchase Price

$229k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,090

Downpayment

20%

$45,800

Closing costs

1%

$2,290

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,542

Total Expenses

$2,315

Mortgage P&I

47%

$1,199

Property Taxes

7%

$171

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$305

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$280

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