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$2,466 (target)

421 Middleton St, Palestine, TX 75803

3 beds • 2 baths • 1553 sqft

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This property could be a profitable Mid-Term investment with a projected 15.44% first-year return on $49,500 initial cash invested.

15.44%

Cash On Cash

12.19%

Cap Rate

1.93

DSCR

$2,466

Rent

$637

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,466 income − $1,829 expenses = $637 cash flow

Income$2,466Mortgage P&I$78832%Property Taxes$1506%Insurance$522%Management$29612%CapEx$994%Vacancy$743%Maintenance$994%Other$27111%Cash Flow$637

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,466

Total Expenses

$1,829

Mortgage P&I

32%

$788

Property Taxes

6%

$150

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$296

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$271

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