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$3,788 (target)

405 Elaine St, Quitman, TX 75783

3 beds • 3 baths • 2581 sqft

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This property looks like a bad Mid-Term investment with a projected -9.4% first-year return on $128k initial cash invested.

-9.4%

Cash On Cash

4.44%

Cap Rate

0.69

DSCR

$3,788

Rent

-$1,005

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,788 income − $4,793 expenses = $1,005 out of pocket

Income$3,788Out of Pocket$1,005Mortgage P&I$2,79474%Property Taxes$52514%Insurance$1845%Management$45512%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41711%

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,788

Total Expenses

$4,793

Mortgage P&I

74%

$2,794

Property Taxes

14%

$525

Home Insurance

5%

$184

HOA

0%

$0

Property Management

12%

$455

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$417

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