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14815 Michelle Ln, Beaumont, TX 77713

3 beds • 3 baths • 2192 sqft

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This property looks like a bad Long-Term investment with a projected -9.92% first-year return on $61,341 initial cash invested.

-9.92%

Cash On Cash

4.38%

Cap Rate

0.73

DSCR

$2,260

Rent

-$507

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,341

Downpayment

20%

$58,420

Closing costs

1%

$2,921

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,260

Total Expenses

$2,767

Mortgage P&I

65%

$1,461

Property Taxes

23%

$530

Home Insurance

7%

$163

HOA

1%

$25

Property Management

10%

$226

CapEx

5%

$113

Vacancy

6%

$136

Maintenance

5%

$113

Other

0%

$0

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Comparable Property

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