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$2,830 (target)

1600 Sweetgum St, Conroe, TX 77385

3 beds • 2 baths • 1372 sqft

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This property might be a fair Mid-Term investment with a projected 2.49% first-year return on $67,434 initial cash invested.

2.49%

Cash On Cash

7.61%

Cap Rate

1.2

DSCR

$2,830

Rent

$140

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,830 income − $2,690 expenses = $140 cash flow

Income$2,830Mortgage P&I$1,24044%Property Taxes$40414%Insurance$843%Management$34012%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31111%Cash Flow$140

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,434

Downpayment

20%

$47,080

Closing costs

1%

$2,354

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,830

Total Expenses

$2,690

Mortgage P&I

44%

$1,240

Property Taxes

14%

$404

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$340

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$311

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