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1513 McKee St, Houston, TX 77009

3 beds • 4 baths • 2008 sqft

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This property looks like a bad Long-Term investment with a projected -5.99% first-year return on $94,498 initial cash invested.

-5.99%

Cash On Cash

5.05%

Cap Rate

0.85

DSCR

$2,770

Rent

-$472

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,498

Downpayment

20%

$89,998

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,770

Total Expenses

$3,242

Mortgage P&I

80%

$2,227

Property Taxes

5%

$138

Home Insurance

6%

$158

HOA

0%

$0

Property Management

10%

$277

CapEx

5%

$138

Vacancy

6%

$166

Maintenance

5%

$138

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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3

3.5

1995

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3

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0.5 mi

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3

3.5

2076

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4

2

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2

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0.9 mi

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$2,850

5

4

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$1,100

2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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