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$2,420 (target)

10023 Checkerberry Park Ln, Tomball, TX 77375

3 beds • 2 baths • 1515 sqft

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This property looks like a bad Mid-Term investment with a projected -2.04% first-year return on $65,250 initial cash invested.

-2.04%

Cash On Cash

6.65%

Cap Rate

0.99

DSCR

$2,420

Rent

-$111

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,420 income − $2,531 expenses = $111 out of pocket

Income$2,420Out of Pocket$111Mortgage P&I$1,26052%Property Taxes$32714%Insurance$793%HOA$422%Management$29012%CapEx$974%Vacancy$733%Maintenance$974%Other$26611%

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,420

Total Expenses

$2,531

Mortgage P&I

52%

$1,260

Property Taxes

14%

$327

Home Insurance

3%

$79

HOA

2%

$42

Property Management

12%

$290

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$266

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