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$3,087 (target)

7316 Kary Lynn Dr E, Watauga, TX 76148

3 beds • 2 baths • 1171 sqft

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This property might be a fair Mid-Term investment with a projected 3.42% first-year return on $75,750 initial cash invested.

3.42%

Cash On Cash

7.44%

Cap Rate

1.25

DSCR

$3,087

Rent

$216

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,087 income − $2,871 expenses = $216 cash flow

Income$3,087Mortgage P&I$1,36644%Property Taxes$36012%Insurance$963%Management$37012%CapEx$1234%Vacancy$933%Maintenance$1234%Other$34011%Cash Flow$216

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,087

Total Expenses

$2,871

Mortgage P&I

44%

$1,366

Property Taxes

12%

$360

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$370

CapEx

4%

$123

Vacancy

3%

$93

Maintenance

4%

$123

Other

11%

$340

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