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$2,824 (target)

12418 Lovie Ln, Conroe, TX 77302

3 beds • 2 baths • 1629 sqft

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This property looks like a bad Mid-Term investment with a projected -4.81% first-year return on $83,583 initial cash invested.

-4.81%

Cash On Cash

5.47%

Cap Rate

0.87

DSCR

$2,824

Rent

-$335

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,824 income − $3,159 expenses = $335 out of pocket

Income$2,824Out of Pocket$335Mortgage P&I$1,64558%Property Taxes$42715%Insurance$1114%HOA$151%Management$33912%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31111%

Investment Breakdown

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Purchase Price

$312k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,583

Downpayment

20%

$62,460

Closing costs

1%

$3,123

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,824

Total Expenses

$3,159

Mortgage P&I

58%

$1,645

Property Taxes

15%

$427

Home Insurance

4%

$111

HOA

1%

$15

Property Management

12%

$339

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$311

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