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$5,212 (target)

6515 Greencreek Meadows Ln, Spring, TX 77379

3 beds • 3 baths • 3169 sqft

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This property might be a fair Mid-Term investment with a projected 1.54% first-year return on $113k initial cash invested.

1.54%

Cash On Cash

6.9%

Cap Rate

1.16

DSCR

$5,212

Rent

$145

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,212 income − $5,067 expenses = $145 cash flow

Income$5,212Mortgage P&I$2,24143%Property Taxes$81516%Insurance$1583%HOA$832%Management$62512%CapEx$2084%Vacancy$1563%Maintenance$2084%Other$57311%Cash Flow$145

Investment Breakdown

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Purchase Price

$451k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,200

Closing costs

1%

$4,510

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,212

Total Expenses

$5,067

Mortgage P&I

43%

$2,241

Property Taxes

16%

$815

Home Insurance

3%

$158

HOA

2%

$83

Property Management

12%

$625

CapEx

4%

$208

Vacancy

3%

$156

Maintenance

4%

$208

Other

11%

$573

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