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$3,326 (target)

1123 Clonmore Ct, Conroe, TX 77304

3 beds • 2 baths • 2002 sqft

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This property looks like a bad Mid-Term investment with a projected -2.42% first-year return on $82,974 initial cash invested.

-2.42%

Cash On Cash

5.8%

Cap Rate

0.98

DSCR

$3,326

Rent

-$167

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,326 income − $3,493 expenses = $167 out of pocket

Income$3,326Out of Pocket$167Mortgage P&I$1,53046%Property Taxes$68020%Insurance$1123%HOA$401%Management$39912%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36611%

Investment Breakdown

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Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,974

Downpayment

20%

$61,880

Closing costs

1%

$3,094

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,326

Total Expenses

$3,493

Mortgage P&I

46%

$1,530

Property Taxes

20%

$680

Home Insurance

3%

$112

HOA

1%

$40

Property Management

12%

$399

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$366

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