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$2,865 (target)

103 Cove Pl, Montgomery, TX 77356

3 beds • 2 baths • 1646 sqft

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This property looks like a bad Mid-Term investment with a projected -6.21% first-year return on $85,179 initial cash invested.

-6.21%

Cash On Cash

4.79%

Cap Rate

0.8

DSCR

$2,865

Rent

-$441

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,865 income − $3,306 expenses = $441 out of pocket

Income$2,865Out of Pocket$441Mortgage P&I$1,60456%Property Taxes$52018%Insurance$1164%HOA$913%Management$34412%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31511%

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,179

Downpayment

20%

$63,980

Closing costs

1%

$3,199

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,865

Total Expenses

$3,306

Mortgage P&I

56%

$1,604

Property Taxes

18%

$520

Home Insurance

4%

$116

HOA

3%

$91

Property Management

12%

$344

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$315

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