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14869 Prickly Pear Cv, Magnolia, TX 77354

3 beds • 2 baths • 1339 sqft

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This property looks like a bad Long-Term investment with a projected -8.4% first-year return on $48,426 initial cash invested.

-8.4%

Cash On Cash

4.7%

Cap Rate

0.79

DSCR

$1,880

Rent

-$339

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$231k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,426

Downpayment

20%

$46,120

Closing costs

1%

$2,306

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,880

Total Expenses

$2,219

Mortgage P&I

61%

$1,149

Property Taxes

23%

$436

Home Insurance

4%

$82

HOA

3%

$63

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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Comparable Property

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Beds

Baths

SQFT

Distance

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2

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1.3 mi

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2

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0.9 mi

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4

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2

1

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0.9 mi

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5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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