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$5,823 (target)

11011 Sea Mist, Magnolia, TX 77354

3 beds • 3 baths • 3149 sqft

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This property looks like a bad Mid-Term investment with a projected -13.31% first-year return on $196k initial cash invested.

-13.31%

Cash On Cash

3.85%

Cap Rate

0.58

DSCR

$5,823

Rent

-$2,177

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,823 income − $8,000 expenses = $2,177 out of pocket

Income$5,823Out of Pocket$2,177Mortgage P&I$4,67180%Property Taxes$97217%Insurance$2975%HOA$791%Management$69912%CapEx$2334%Vacancy$1753%Maintenance$2334%Other$64111%

Investment Breakdown

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Purchase Price

$849k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$196k

Downpayment

20%

$170k

Closing costs

1%

$8,489

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,823

Total Expenses

$8,000

Mortgage P&I

80%

$4,671

Property Taxes

17%

$972

Home Insurance

5%

$297

HOA

1%

$79

Property Management

12%

$699

CapEx

4%

$233

Vacancy

3%

$175

Maintenance

4%

$233

Other

11%

$641

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