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$2,706 (target)

614 Road 5203, Cleveland, TX 77327

3 beds • 3 baths • 1647 sqft

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This property could be a profitable Mid-Term investment with a projected 15.09% first-year return on $49,290 initial cash invested.

15.09%

Cash On Cash

12.11%

Cap Rate

1.94

DSCR

$2,706

Rent

$620

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,706 income − $2,086 expenses = $620 cash flow

Income$2,706Mortgage P&I$77629%Property Taxes$33812%Insurance$522%Management$32512%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29811%Cash Flow$620

Investment Breakdown

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Purchase Price

$149k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,290

Downpayment

20%

$29,800

Closing costs

1%

$1,490

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,706

Total Expenses

$2,086

Mortgage P&I

29%

$776

Property Taxes

12%

$338

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$325

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$298

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