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$2,856 (target)

6971 State Highway 11 W, Pittsburg, TX 75686

3 beds • 2 baths • 1753 sqft

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This property might be a fair Mid-Term investment with a projected 8.92% first-year return on $61,050 initial cash invested.

8.92%

Cash On Cash

9.67%

Cap Rate

1.52

DSCR

$2,856

Rent

$454

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,856 income − $2,402 expenses = $454 cash flow

Income$2,856Mortgage P&I$1,08438%Property Taxes$27510%Insurance$723%Management$34312%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%Cash Flow$454

Investment Breakdown

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Purchase Price

$205k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,050

Downpayment

20%

$41,000

Closing costs

1%

$2,050

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,856

Total Expenses

$2,402

Mortgage P&I

38%

$1,084

Property Taxes

10%

$275

Home Insurance

3%

$72

HOA

0%

$0

Property Management

12%

$343

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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