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11810 Selma Ct, Conroe, TX 77306

3 beds • 2 baths • 1710 sqft

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This property looks like a bad Mid-Term investment with a projected -3.82% first-year return on $91,500 initial cash invested.

-3.82%

Cash On Cash

5.37%

Cap Rate

0.89

DSCR

$2,562

Rent

-$291

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,562

Total Expenses

$2,853

Mortgage P&I

68%

$1,754

Property Taxes

4%

$90

Home Insurance

5%

$122

HOA

1%

$17

Property Management

12%

$307

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$282

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