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508 N BRIGHT DR, Devine, TX 78016

3 beds • 10 baths • 816 sqft

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This property could be a profitable Long-Term investment with a projected 47.89% first-year return on $10,500 initial cash invested.

47.89%

Cash On Cash

17.35%

Cap Rate

2.93

DSCR

$1,138

Rent

$419

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$49,999

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$10,500

Downpayment

20%

$10,000

Closing costs

1%

$500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,138

Total Expenses

$719

Mortgage P&I

22%

$247

Property Taxes

14%

$158

Home Insurance

2%

$18

HOA

0%

$0

Property Management

10%

$114

CapEx

5%

$57

Vacancy

6%

$68

Maintenance

5%

$57

Other

0%

$0

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