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$1,933 (target)

16603 Convoy Ct, Crosby, TX 77532

3 beds • 2 baths • 1674 sqft

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This property looks like a bad Long-Term investment with a projected -16.01% first-year return on $55,986 initial cash invested.

-16.01%

Cash On Cash

3.04%

Cap Rate

0.51

DSCR

$1,933

Rent

-$747

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,933 income − $2,680 expenses = $747 out of pocket

Income$1,933Out of Pocket$747Mortgage P&I$1,32669%Property Taxes$68635%Insurance$1005%HOA$653%Management$19310%CapEx$975%Vacancy$1166%Maintenance$975%

Investment Breakdown

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Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,986

Downpayment

20%

$53,320

Closing costs

1%

$2,666

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,933

Total Expenses

$2,680

Mortgage P&I

69%

$1,326

Property Taxes

35%

$686

Home Insurance

5%

$100

HOA

3%

$65

Property Management

10%

$193

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

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