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$3,846 (target)

5517 Balsam Fir Ct, Spring, TX 77386

3 beds • 4 baths • 3332 sqft

$1,150,000

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This property looks like a bad Long-Term investment with a projected -23.1% first-year return on $242k initial cash invested.

-23.1%

Cash On Cash

1.41%

Cap Rate

0.23

DSCR

$3,846

Rent

-$4,648

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,846 income − $8,494 expenses = $4,648 out of pocket

Income$3,846Out of Pocket$4,648Mortgage P&I$5,807151%Property Taxes$1,22032%Insurance$40210%HOA$652%Management$38510%CapEx$1925%Vacancy$2316%Maintenance$1925%

Investment Breakdown

|

Purchase Price

$1150k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$242k

Downpayment

20%

$230k

Closing costs

1%

$11,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,846

Total Expenses

$8,494

Mortgage P&I

151%

$5,807

Property Taxes

32%

$1,220

Home Insurance

10%

$402

HOA

2%

$65

Property Management

10%

$385

CapEx

5%

$192

Vacancy

6%

$231

Maintenance

5%

$192

Other

0%

$0

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