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$2,399 (target)

1627 N Hearthside Dr, RICHMOND, TX 77406

3 beds • 3 baths • 2496 sqft

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This property looks like a bad Long-Term investment with a projected -14.97% first-year return on $88,200 initial cash invested.

-14.97%

Cash On Cash

3.23%

Cap Rate

0.54

DSCR

$2,399

Rent

-$1,100

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,399 income − $3,499 expenses = $1,100 out of pocket

Income$2,399Out of Pocket$1,100Mortgage P&I$2,10988%Property Taxes$59625%Insurance$1476%HOA$231%Management$24010%CapEx$1205%Vacancy$1446%Maintenance$1205%

Investment Breakdown

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Purchase Price

$420k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,200

Downpayment

20%

$84,000

Closing costs

1%

$4,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,399

Total Expenses

$3,499

Mortgage P&I

88%

$2,109

Property Taxes

25%

$596

Home Insurance

6%

$147

HOA

1%

$23

Property Management

10%

$240

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

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