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$2,790 (target)

1327 Hodges Ln, Wharton, TX 77488

3 beds • 2 baths • 2296 sqft

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This property might be a fair Mid-Term investment with a projected 1.85% first-year return on $67,350 initial cash invested.

1.85%

Cash On Cash

7.27%

Cap Rate

1.18

DSCR

$2,790

Rent

$104

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,790 income − $2,686 expenses = $104 cash flow

Income$2,790Mortgage P&I$1,20743%Property Taxes$44716%Insurance$823%Management$33512%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30711%Cash Flow$104

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,790

Total Expenses

$2,686

Mortgage P&I

43%

$1,207

Property Taxes

16%

$447

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$335

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$307

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