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$3,100 (target)

8267 Fm 3358, Gilmer, TX 75645

3 beds • 2 baths • 1670 sqft

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This property might be a fair Mid-Term investment with a projected 5.03% first-year return on $73,503 initial cash invested.

5.03%

Cash On Cash

8.14%

Cap Rate

1.32

DSCR

$3,100

Rent

$308

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,100 income − $2,792 expenses = $308 cash flow

Income$3,100Mortgage P&I$1,36044%Property Taxes$2849%Insurance$943%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%Cash Flow$308

Investment Breakdown

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Purchase Price

$264k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,503

Downpayment

20%

$52,860

Closing costs

1%

$2,643

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,100

Total Expenses

$2,792

Mortgage P&I

44%

$1,360

Property Taxes

9%

$284

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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