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$4,114 (target)

618 W 9th St, Freeport, TX 77541

3 beds • 2 baths • 2879 sqft

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This property could be a profitable Mid-Term investment with a projected 15.27% first-year return on $70,500 initial cash invested.

15.27%

Cash On Cash

11.3%

Cap Rate

1.82

DSCR

$4,114

Rent

$897

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,114 income − $3,217 expenses = $897 cash flow

Income$4,114Mortgage P&I$1,29331%Property Taxes$43611%Insurance$882%Management$49412%CapEx$1654%Vacancy$1233%Maintenance$1654%Other$45311%Cash Flow$897

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$4,114

Total Expenses

$3,217

Mortgage P&I

31%

$1,293

Property Taxes

11%

$436

Home Insurance

2%

$88

HOA

0%

$0

Property Management

12%

$494

CapEx

4%

$165

Vacancy

3%

$123

Maintenance

4%

$165

Other

11%

$453

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