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$3,214 (target)

12608 Lazy Cove Dr, Willis, TX 77318

3 beds • 2 baths • 1216 sqft

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This property could be a profitable Mid-Term investment with a projected 30.37% first-year return on $48,639 initial cash invested.

30.37%

Cash On Cash

17.43%

Cap Rate

2.79

DSCR

$3,214

Rent

$1,231

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,214 income − $1,983 expenses = $1,231 cash flow

Income$3,214Mortgage P&I$75924%Property Taxes$712%Insurance$512%HOA$8Management$38612%CapEx$1294%Vacancy$963%Maintenance$1294%Other$35411%Cash Flow$1,231

Investment Breakdown

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Purchase Price

$146k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,639

Downpayment

20%

$29,180

Closing costs

1%

$1,459

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$3,214

Total Expenses

$1,983

Mortgage P&I

24%

$759

Property Taxes

2%

$71

Home Insurance

2%

$51

HOA

0%

$8

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$96

Maintenance

4%

$129

Other

11%

$354

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