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$1,897 (target)

929 Hickory Grv, La Vernia, TX 78121

3 beds • 2 baths • 1568 sqft

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This property might be a fair Long-Term investment with a projected 1.42% first-year return on $42,231 initial cash invested.

1.42%

Cash On Cash

6.86%

Cap Rate

1.14

DSCR

$1,897

Rent

$50

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,897 income − $1,847 expenses = $50 cash flow

Income$1,897Mortgage P&I$1,00553%Property Taxes$27114%Insurance$774%Management$19010%CapEx$955%Vacancy$1146%Maintenance$955%Cash Flow$50

Investment Breakdown

|

Purchase Price

$201k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,231

Downpayment

20%

$40,220

Closing costs

1%

$2,011

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,897

Total Expenses

$1,847

Mortgage P&I

53%

$1,005

Property Taxes

14%

$271

Home Insurance

4%

$77

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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