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$3,468 (target)

7 Shady Ln, Longview, TX 75604

3 beds • 2 baths • 2130 sqft

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This property might be a fair Mid-Term investment with a projected 3.98% first-year return on $84,633 initial cash invested.

3.98%

Cash On Cash

7.78%

Cap Rate

1.26

DSCR

$3,468

Rent

$281

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,468 income − $3,187 expenses = $281 cash flow

Income$3,468Mortgage P&I$1,63647%Property Taxes$2587%Insurance$1143%Management$41612%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38111%Cash Flow$281

Investment Breakdown

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Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,633

Downpayment

20%

$63,460

Closing costs

1%

$3,173

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,468

Total Expenses

$3,187

Mortgage P&I

47%

$1,636

Property Taxes

7%

$258

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$416

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$381

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