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507 Woodway Ln, Longview, TX 75605

3 beds • 3 baths • 3136 sqft

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This property looks like a bad Long-Term investment with a projected -17.09% first-year return on $77,679 initial cash invested.

-17.09%

Cash On Cash

2.77%

Cap Rate

0.46

DSCR

$1,970

Rent

-$1,106

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,679

Downpayment

20%

$73,980

Closing costs

1%

$3,699

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,970

Total Expenses

$3,076

Mortgage P&I

95%

$1,863

Property Taxes

29%

$572

Home Insurance

7%

$130

HOA

0%

$0

Property Management

10%

$197

CapEx

5%

$98

Vacancy

6%

$118

Maintenance

5%

$98

Other

0%

$0

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Comparable Property

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Beds

Baths

SQFT

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2

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2

1

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4

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$1,100

2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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