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$3,874 (target)

12417 Berberry Dr, La Marque, TX 77568

3 beds • 2 baths • 2038 sqft

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This property looks like a bad Mid-Term investment with a projected -1.62% first-year return on $85,200 initial cash invested.

-1.62%

Cash On Cash

6.3%

Cap Rate

1.02

DSCR

$3,874

Rent

-$115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,874 income − $3,989 expenses = $115 out of pocket

Income$3,874Out of Pocket$115Mortgage P&I$1,64142%Property Taxes$78320%Insurance$1123%HOA$1364%Management$46512%CapEx$1554%Vacancy$1163%Maintenance$1554%Other$42611%

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,200

Downpayment

20%

$64,000

Closing costs

1%

$3,200

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,874

Total Expenses

$3,989

Mortgage P&I

42%

$1,641

Property Taxes

20%

$783

Home Insurance

3%

$112

HOA

4%

$136

Property Management

12%

$465

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$426

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