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$2,421 (target)

937 W Garrison St, Carthage, TX 75633

3 beds • 2 baths • 1587 sqft

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This property could be a profitable Mid-Term investment with a projected 22.41% first-year return on $45,090 initial cash invested.

22.41%

Cash On Cash

15.13%

Cap Rate

2.36

DSCR

$2,421

Rent

$842

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,421 income − $1,579 expenses = $842 cash flow

Income$2,421Mortgage P&I$68828%Property Taxes$221%Insurance$452%Management$29112%CapEx$974%Vacancy$733%Maintenance$974%Other$26611%Cash Flow$842

Investment Breakdown

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Purchase Price

$129k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,090

Downpayment

20%

$25,800

Closing costs

1%

$1,290

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,421

Total Expenses

$1,579

Mortgage P&I

28%

$688

Property Taxes

1%

$22

Home Insurance

2%

$45

HOA

0%

$0

Property Management

12%

$291

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$266

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