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1313 Lafayette Ave, Pasadena, TX 77502

3 beds • 2 baths • 2105 sqft

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This property looks like a bad Long-Term investment with a projected -12.07% first-year return on $64,050 initial cash invested.

-12.07%

Cash On Cash

3.75%

Cap Rate

0.63

DSCR

$1,900

Rent

-$644

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,050

Downpayment

20%

$61,000

Closing costs

1%

$3,050

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,900

Total Expenses

$2,544

Mortgage P&I

79%

$1,501

Property Taxes

23%

$434

Home Insurance

6%

$107

HOA

0%

$8

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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