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
more details
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
more details