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$4,425 (target)

512 Castlelake Dr, Friendswood, TX 77546

3 beds • 2 baths • 1236 sqft

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This property could be a profitable Mid-Term investment with a projected 18.36% first-year return on $73,650 initial cash invested.

18.36%

Cash On Cash

11.97%

Cap Rate

1.97

DSCR

$4,425

Rent

$1,127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,425 income − $3,298 expenses = $1,127 cash flow

Income$4,425Mortgage P&I$1,34030%Property Taxes$3528%Insurance$932%HOA$8Management$53112%CapEx$1774%Vacancy$1333%Maintenance$1774%Other$48711%Cash Flow$1,127

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$4,425

Total Expenses

$3,298

Mortgage P&I

30%

$1,340

Property Taxes

8%

$352

Home Insurance

2%

$93

HOA

0%

$8

Property Management

12%

$531

CapEx

4%

$177

Vacancy

3%

$133

Maintenance

4%

$177

Other

11%

$487

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