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$3,276 (target)

1222 24th Ave N, Texas City, TX 77590

3 beds • 2 baths • 1985 sqft

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This property might be a fair Mid-Term investment with a projected 1.56% first-year return on $76,842 initial cash invested.

1.56%

Cash On Cash

7.1%

Cap Rate

1.16

DSCR

$3,276

Rent

$100

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,276 income − $3,176 expenses = $100 cash flow

Income$3,276Mortgage P&I$1,42744%Property Taxes$53616%Insurance$1003%Management$39312%CapEx$1314%Vacancy$983%Maintenance$1314%Other$36011%Cash Flow$100

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,842

Downpayment

20%

$56,040

Closing costs

1%

$2,802

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,276

Total Expenses

$3,176

Mortgage P&I

44%

$1,427

Property Taxes

16%

$536

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$393

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$360

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