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$3,405 (target)

12625 Memorial Dr APT 180, Houston, TX 77024

3 beds • 4 baths • 2948 sqft

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This property looks like a bad Long-Term investment with a projected -21.17% first-year return on $137k initial cash invested.

-21.17%

Cash On Cash

1.79%

Cap Rate

0.3

DSCR

$3,405

Rent

-$2,408

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,405 income − $5,813 expenses = $2,408 out of pocket

Income$3,405Out of Pocket$2,408Mortgage P&I$3,20594%Property Taxes$1,01330%Insurance$2287%HOA$48314%Management$34010%CapEx$1705%Vacancy$2046%Maintenance$1705%

Investment Breakdown

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Purchase Price

$650k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$130k

Closing costs

1%

$6,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,405

Total Expenses

$5,813

Mortgage P&I

94%

$3,205

Property Taxes

30%

$1,013

Home Insurance

7%

$228

HOA

14%

$483

Property Management

10%

$340

CapEx

5%

$170

Vacancy

6%

$204

Maintenance

5%

$170

Other

0%

$0

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