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407 E Hope Dr, Longview, TX 75604

3 beds • 2 baths • 2116 sqft

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This property might be a fair Mid-Term investment with a projected 3.96% first-year return on $71,760 initial cash invested.

3.96%

Cash On Cash

7.52%

Cap Rate

1.28

DSCR

$2,812

Rent

$237

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$256k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,760

Downpayment

20%

$51,200

Closing costs

1%

$2,560

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,812

Total Expenses

$2,575

Mortgage P&I

45%

$1,256

Property Taxes

10%

$275

Home Insurance

3%

$90

HOA

0%

$0

Property Management

12%

$337

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$309

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