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16702 Grovetrail Ln, Spring, TX 77379

3 beds • 2 baths • 1926 sqft

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This property looks like a bad Long-Term investment with a projected -6.73% first-year return on $59,388 initial cash invested.

-6.73%

Cash On Cash

4.9%

Cap Rate

0.84

DSCR

$2,233

Rent

-$333

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$283k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,388

Downpayment

20%

$56,560

Closing costs

1%

$2,828

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,233

Total Expenses

$2,566

Mortgage P&I

62%

$1,376

Property Taxes

20%

$439

Home Insurance

5%

$116

HOA

2%

$54

Property Management

10%

$223

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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