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1314 Lawrence Ave, Pasadena, TX 77506

3 beds • 2 baths • 1117 sqft

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This property might be a fair Long-Term investment with a projected 6.52% first-year return on $28,350 initial cash invested.

6.52%

Cash On Cash

8.04%

Cap Rate

1.35

DSCR

$1,550

Rent

$154

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,350

Downpayment

20%

$27,000

Closing costs

1%

$1,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,550

Total Expenses

$1,396

Mortgage P&I

43%

$672

Property Taxes

18%

$273

Home Insurance

3%

$47

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

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