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$3,598 (target)

1627 N Hearthside Dr, RICHMOND, TX 77406

3 beds • 3 baths • 2496 sqft

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This property looks like a bad Mid-Term investment with a projected -5.66% first-year return on $106k initial cash invested.

-5.66%

Cash On Cash

5.01%

Cap Rate

0.83

DSCR

$3,598

Rent

-$501

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,598 income − $4,099 expenses = $501 out of pocket

Income$3,598Out of Pocket$501Mortgage P&I$2,10959%Property Taxes$59617%Insurance$1474%HOA$231%Management$43212%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39611%

Investment Breakdown

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Purchase Price

$420k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$84,000

Closing costs

1%

$4,200

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,598

Total Expenses

$4,099

Mortgage P&I

59%

$2,109

Property Taxes

17%

$596

Home Insurance

4%

$147

HOA

1%

$23

Property Management

12%

$432

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$396

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