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$3,159 (target)

16603 Lighthouse View Dr, Friendswood, TX 77546

3 beds • 2 baths • 1555 sqft

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This property might be a fair Mid-Term investment with a projected 0.8% first-year return on $78,375 initial cash invested.

0.8%

Cash On Cash

6.69%

Cap Rate

1.12

DSCR

$3,159

Rent

$52

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,159 income − $3,107 expenses = $52 cash flow

Income$3,159Mortgage P&I$1,42645%Property Taxes$47315%Insurance$1013%HOA$341%Management$37912%CapEx$1264%Vacancy$953%Maintenance$1264%Other$34711%Cash Flow$52

Investment Breakdown

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Purchase Price

$288k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,375

Downpayment

20%

$57,500

Closing costs

1%

$2,875

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,159

Total Expenses

$3,107

Mortgage P&I

45%

$1,426

Property Taxes

15%

$473

Home Insurance

3%

$101

HOA

1%

$34

Property Management

12%

$379

CapEx

4%

$126

Vacancy

3%

$95

Maintenance

4%

$126

Other

11%

$347

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