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$2,529 (target)

10921 Bourbon St, Willis, TX 77318

3 beds • 3 baths • 2401 sqft

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This property looks like a bad Mid-Term investment with a projected -20.22% first-year return on $123k initial cash invested.

-20.22%

Cash On Cash

1.29%

Cap Rate

0.21

DSCR

$2,529

Rent

-$2,077

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,529 income − $4,606 expenses = $2,077 out of pocket

Income$2,529Out of Pocket$2,077Mortgage P&I$2,51499%Property Taxes$92837%Insurance$2058%HOA$1004%Management$30312%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27811%

Investment Breakdown

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Purchase Price

$501k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$100k

Closing costs

1%

$5,013

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,529

Total Expenses

$4,606

Mortgage P&I

99%

$2,514

Property Taxes

37%

$928

Home Insurance

8%

$205

HOA

4%

$100

Property Management

12%

$303

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$278

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