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1351 Heritage HL, Canyon Lake, TX 78133

3 beds • 3 baths • 2378 sqft

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This property looks like a bad Mid-Term investment with a projected -8.99% first-year return on $140k initial cash invested.

-8.99%

Cash On Cash

3.94%

Cap Rate

0.68

DSCR

$4,131

Rent

-$1,046

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$579k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,790

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,131

Total Expenses

$5,177

Mortgage P&I

67%

$2,781

Property Taxes

19%

$785

Home Insurance

5%

$207

HOA

0%

$0

Property Management

12%

$496

CapEx

4%

$165

Vacancy

3%

$124

Maintenance

4%

$165

Other

11%

$454

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