I have a listing for a home in the Mack Bayou area which is a cash flow property. Price is $120,000 with 20% down, with a 6% interest, 30yr loan, your principle and interest would be around $575/ month. Taxes are around $750/year, $62/mo Insurance is around $100/mo Monthly principle, interest, taxes and insurance: approx. $737 Monthly rent with current tenant is $750/mo, but could probably get closer to $850/mo. Fenced back yard, storage shed, 90'x100' lot, 2 bedroom, 1 bath home, approx. 1,002 sf. price: $120,000 [URL="http://ecarmls.com/EmeraldReports/ListitLib/show_report.aspx?ID=1528372685"]more details[/URL]
