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$4,894 (target)

14218 Laurus Estates Ln, Cypress, TX 77429

3 beds • 2 baths • 2627 sqft

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This property might be a fair Mid-Term investment with a projected 3.89% first-year return on $99,879 initial cash invested.

3.89%

Cash On Cash

7.57%

Cap Rate

1.27

DSCR

$4,894

Rent

$324

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,894 income − $4,570 expenses = $324 cash flow

Income$4,894Mortgage P&I$1,94040%Property Taxes$76616%Insurance$1363%HOA$641%Management$58712%CapEx$1964%Vacancy$1473%Maintenance$1964%Other$53811%Cash Flow$324

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,894

Total Expenses

$4,570

Mortgage P&I

40%

$1,940

Property Taxes

16%

$766

Home Insurance

3%

$136

HOA

1%

$64

Property Management

12%

$587

CapEx

4%

$196

Vacancy

3%

$147

Maintenance

4%

$196

Other

11%

$538

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