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$3,340 (target)

12323 Misty Laurel Dr, Houston, TX 77014

3 beds • 3 baths • 2474 sqft

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This property might be a fair Mid-Term investment with a projected 2.43% first-year return on $74,700 initial cash invested.

2.43%

Cash On Cash

7.34%

Cap Rate

1.21

DSCR

$3,340

Rent

$151

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,340 income − $3,189 expenses = $151 cash flow

Income$3,340Mortgage P&I$1,36741%Property Taxes$55217%Insurance$943%HOA$401%Management$40112%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36711%Cash Flow$151

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,700

Downpayment

20%

$54,000

Closing costs

1%

$2,700

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,340

Total Expenses

$3,189

Mortgage P&I

41%

$1,367

Property Taxes

17%

$552

Home Insurance

3%

$94

HOA

1%

$40

Property Management

12%

$401

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$367

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