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$2,052 (target)

801 S Mobberly Ave, Longview, TX 75602

3 beds • 2 baths • 1383 sqft

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This property might be a fair Mid-Term investment with a projected 3.29% first-year return on $53,931 initial cash invested.

3.29%

Cash On Cash

7.88%

Cap Rate

1.26

DSCR

$2,052

Rent

$148

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,052 income − $1,904 expenses = $148 cash flow

Income$2,052Mortgage P&I$89344%Property Taxes$25813%Insurance$553%Management$24612%CapEx$824%Vacancy$623%Maintenance$824%Other$22611%Cash Flow$148

Investment Breakdown

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Purchase Price

$171k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,931

Downpayment

20%

$34,220

Closing costs

1%

$1,711

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,052

Total Expenses

$1,904

Mortgage P&I

44%

$893

Property Taxes

13%

$258

Home Insurance

3%

$55

HOA

0%

$0

Property Management

12%

$246

CapEx

4%

$82

Vacancy

3%

$62

Maintenance

4%

$82

Other

11%

$226

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