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$2,072 (target)

703 N Rodeo St, Gladewater, TX 75647

3 beds • 2 baths • 1125 sqft

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This property might be a fair Mid-Term investment with a projected 7.85% first-year return on $50,130 initial cash invested.

7.85%

Cash On Cash

9.46%

Cap Rate

1.52

DSCR

$2,072

Rent

$328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,072 income − $1,744 expenses = $328 cash flow

Income$2,072Mortgage P&I$79538%Property Taxes$1909%Insurance$543%Management$24912%CapEx$834%Vacancy$623%Maintenance$834%Other$22811%Cash Flow$328

Investment Breakdown

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Purchase Price

$153k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,130

Downpayment

20%

$30,600

Closing costs

1%

$1,530

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,072

Total Expenses

$1,744

Mortgage P&I

38%

$795

Property Taxes

9%

$190

Home Insurance

3%

$54

HOA

0%

$0

Property Management

12%

$249

CapEx

4%

$83

Vacancy

3%

$62

Maintenance

4%

$83

Other

11%

$228

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