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$2,184 (target)

1514 1st Ave N, Texas City, TX 77590

3 beds • 2 baths • 1692 sqft

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This property could be a profitable Mid-Term investment with a projected 15.74% first-year return on $41,100 initial cash invested.

15.74%

Cash On Cash

12.93%

Cap Rate

2.12

DSCR

$2,184

Rent

$539

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,184 income − $1,645 expenses = $539 cash flow

Income$2,184Mortgage P&I$55926%Property Taxes$30614%Insurance$382%Management$26212%CapEx$874%Vacancy$663%Maintenance$874%Other$24011%Cash Flow$539

Investment Breakdown

|

Purchase Price

$110k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,100

Downpayment

20%

$22,000

Closing costs

1%

$1,100

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,184

Total Expenses

$1,645

Mortgage P&I

26%

$559

Property Taxes

14%

$306

Home Insurance

2%

$38

HOA

0%

$0

Property Management

12%

$262

CapEx

4%

$87

Vacancy

3%

$66

Maintenance

4%

$87

Other

11%

$240

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