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$3,117 (target)

1609 Palcio Real Dr, Houston, TX 77047

3 beds • 3 baths • 2124 sqft

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This property might be a fair Mid-Term investment with a projected 0.12% first-year return on $68,442 initial cash invested.

0.12%

Cash On Cash

6.98%

Cap Rate

1.1

DSCR

$3,117

Rent

$7

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,117 income − $3,110 expenses = $7 cash flow

Income$3,117Mortgage P&I$1,26641%Property Taxes$62120%Insurance$853%HOA$772%Management$37412%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34311%Cash Flow$7

Investment Breakdown

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Purchase Price

$240k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,442

Downpayment

20%

$48,040

Closing costs

1%

$2,402

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,117

Total Expenses

$3,110

Mortgage P&I

41%

$1,266

Property Taxes

20%

$621

Home Insurance

3%

$85

HOA

2%

$77

Property Management

12%

$374

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$343

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