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$2,151 (target)

13252 Kanak St, Needville, TX 77461

3 beds • 2 baths • 912 sqft

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This property looks like a bad Mid-Term investment with a projected -0.6% first-year return on $64,200 initial cash invested.

-0.6%

Cash On Cash

6.63%

Cap Rate

1.05

DSCR

$2,151

Rent

-$32

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,151 income − $2,183 expenses = $32 out of pocket

Income$2,151Out of Pocket$32Mortgage P&I$1,16154%Property Taxes$21310%Insurance$774%Management$25812%CapEx$864%Vacancy$653%Maintenance$864%Other$23711%

Investment Breakdown

|

Purchase Price

$220k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,200

Downpayment

20%

$44,000

Closing costs

1%

$2,200

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,151

Total Expenses

$2,183

Mortgage P&I

54%

$1,161

Property Taxes

10%

$213

Home Insurance

4%

$77

HOA

0%

$0

Property Management

12%

$258

CapEx

4%

$86

Vacancy

3%

$65

Maintenance

4%

$86

Other

11%

$237

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