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$2,461 (target)

15732 Lakeway Dr, Willis, TX 77318

3 beds • 4 baths • 2185 sqft

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This property looks like a bad Long-Term investment with a projected -22% first-year return on $115k initial cash invested.

-22%

Cash On Cash

1.82%

Cap Rate

0.3

DSCR

$2,461

Rent

-$2,117

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,461 income − $4,578 expenses = $2,117 out of pocket

Income$2,461Out of Pocket$2,117Mortgage P&I$2,830115%Property Taxes$81033%Insurance$1928%HOA$1064%Management$24610%CapEx$1235%Vacancy$1486%Maintenance$1235%

Investment Breakdown

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Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$110k

Closing costs

1%

$5,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,461

Total Expenses

$4,578

Mortgage P&I

115%

$2,830

Property Taxes

33%

$810

Home Insurance

8%

$192

HOA

4%

$106

Property Management

10%

$246

CapEx

5%

$123

Vacancy

6%

$148

Maintenance

5%

$123

Other

0%

$0

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