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$2,470 (target)

107 Montrose Cir, Conroe, TX 77301

3 beds • 2 baths • 1596 sqft

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This property might be a fair Mid-Term investment with a projected 7.83% first-year return on $55,779 initial cash invested.

7.83%

Cash On Cash

9.27%

Cap Rate

1.5

DSCR

$2,470

Rent

$364

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,470 income − $2,106 expenses = $364 cash flow

Income$2,470Mortgage P&I$92738%Property Taxes$27611%Insurance$633%Management$29612%CapEx$994%Vacancy$743%Maintenance$994%Other$27211%Cash Flow$364

Investment Breakdown

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Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,470

Total Expenses

$2,106

Mortgage P&I

38%

$927

Property Taxes

11%

$276

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$296

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$272

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