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$2,571 (target)

407 E Kolstad St, Palestine, TX 75801

3 beds • 2 baths • 2139 sqft

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This property could be a profitable Mid-Term investment with a projected 27.71% first-year return on $38,895 initial cash invested.

27.71%

Cash On Cash

18.13%

Cap Rate

2.99

DSCR

$2,571

Rent

$898

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,571 income − $1,673 expenses = $898 cash flow

Income$2,571Mortgage P&I$50220%Property Taxes$26110%Insurance$351%Management$30912%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28311%Cash Flow$898

Investment Breakdown

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Purchase Price

$99,500

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,895

Downpayment

20%

$19,900

Closing costs

1%

$995

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$2,571

Total Expenses

$1,673

Mortgage P&I

20%

$502

Property Taxes

10%

$261

Home Insurance

1%

$35

HOA

0%

$0

Property Management

12%

$309

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$283

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