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8060 Laurie Ln, Lumberton, TX 77657

3 beds • 3 baths • 2336 sqft

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This property could be a profitable Mid-Term investment with a projected 20.59% first-year return on $74,490 initial cash invested.

20.59%

Cash On Cash

12.32%

Cap Rate

2.11

DSCR

$4,452

Rent

$1,278

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,490

Downpayment

20%

$53,800

Closing costs

1%

$2,690

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$4,452

Total Expenses

$3,174

Mortgage P&I

29%

$1,306

Property Taxes

6%

$260

Home Insurance

2%

$94

HOA

0%

$0

Property Management

12%

$534

CapEx

4%

$178

Vacancy

3%

$134

Maintenance

4%

$178

Other

11%

$490

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