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1304 DENISON AVE, Cleveland, TX 77327

3 beds • 2 baths • 1345 sqft

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This property looks like a bad Mid-Term investment with a projected -1.08% first-year return on $57,690 initial cash invested.

-1.08%

Cash On Cash

6.17%

Cap Rate

1.03

DSCR

$2,103

Rent

-$52

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$189k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,690

Downpayment

20%

$37,800

Closing costs

1%

$1,890

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,103

Total Expenses

$2,155

Mortgage P&I

45%

$939

Property Taxes

21%

$436

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$252

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$231

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