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$2,628 (target)

3984 S State Highway 37, Mineola, TX 75773

3 beds • 2 baths • 1612 sqft

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This property could be a profitable Mid-Term investment with a projected 13.51% first-year return on $58,173 initial cash invested.

13.51%

Cash On Cash

11.13%

Cap Rate

1.75

DSCR

$2,628

Rent

$655

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,628 income − $1,973 expenses = $655 cash flow

Income$2,628Mortgage P&I$1,01439%Property Taxes$191%Insurance$472%Management$31512%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28911%Cash Flow$655

Investment Breakdown

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Purchase Price

$191k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,173

Downpayment

20%

$38,260

Closing costs

1%

$1,913

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,628

Total Expenses

$1,973

Mortgage P&I

39%

$1,014

Property Taxes

1%

$19

Home Insurance

2%

$47

HOA

0%

$0

Property Management

12%

$315

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$289

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