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$2,444 (target)

5008 Meeks Dr, Orange, TX 77632

3 beds • 2 baths • 1456 sqft

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This property could be a profitable Mid-Term investment with a projected 25.35% first-year return on $35,829 initial cash invested.

25.35%

Cash On Cash

18.4%

Cap Rate

2.91

DSCR

$2,444

Rent

$757

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,444 income − $1,687 expenses = $757 cash flow

Income$2,444Mortgage P&I$44718%Property Taxes$37916%Insurance$301%Management$29312%CapEx$984%Vacancy$733%Maintenance$984%Other$26911%Cash Flow$757

Investment Breakdown

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Purchase Price

$84,900

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,829

Downpayment

20%

$16,980

Closing costs

1%

$849

Rehab

0%

$0

Furnishing

21%

$18,000

Cashflow

Total Income

$2,444

Total Expenses

$1,687

Mortgage P&I

18%

$447

Property Taxes

16%

$379

Home Insurance

1%

$30

HOA

0%

$0

Property Management

12%

$293

CapEx

4%

$98

Vacancy

3%

$73

Maintenance

4%

$98

Other

11%

$269

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