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$3,860 (target)

10050 Wickersham Ln, Houston, TX 77042

3 beds • 2 baths • 1861 sqft

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This property looks like a bad Mid-Term investment with a projected -16.98% first-year return on $150k initial cash invested.

-16.98%

Cash On Cash

2.56%

Cap Rate

0.4

DSCR

$3,860

Rent

-$2,127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,860 income − $5,987 expenses = $2,127 out of pocket

Income$3,860Out of Pocket$2,127Mortgage P&I$3,31586%Property Taxes$1,08328%Insurance$2206%HOA$571%Management$46312%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42511%

Investment Breakdown

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Purchase Price

$630k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$126k

Closing costs

1%

$6,300

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,860

Total Expenses

$5,987

Mortgage P&I

86%

$3,315

Property Taxes

28%

$1,083

Home Insurance

6%

$220

HOA

1%

$57

Property Management

12%

$463

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$425

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