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$2,733 (target)

111 Lara Garza, Rockport, TX 78382

3 beds • 2 baths • 1624 sqft

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This property looks like a bad Mid-Term investment with a projected -5.2% first-year return on $96,750 initial cash invested.

-5.2%

Cash On Cash

5.2%

Cap Rate

0.84

DSCR

$2,733

Rent

-$419

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,733 income − $3,152 expenses = $419 out of pocket

Income$2,733Out of Pocket$419Mortgage P&I$1,93671%Property Taxes$1566%Insurance$1315%Management$32812%CapEx$1094%Vacancy$823%Maintenance$1094%Other$30111%

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,733

Total Expenses

$3,152

Mortgage P&I

71%

$1,936

Property Taxes

6%

$156

Home Insurance

5%

$131

HOA

0%

$0

Property Management

12%

$328

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$301

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