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5909 S Milam St, Amarillo, TX 79118

3 beds • 2 baths • 1998 sqft

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This property looks like a bad Long-Term investment with a projected -6.93% first-year return on $53,823 initial cash invested.

-6.93%

Cash On Cash

5.13%

Cap Rate

0.84

DSCR

$2,120

Rent

-$311

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$256k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,823

Downpayment

20%

$51,260

Closing costs

1%

$2,563

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,120

Total Expenses

$2,431

Mortgage P&I

61%

$1,300

Property Taxes

23%

$489

Home Insurance

4%

$91

HOA

0%

$0

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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