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1717 Jones St, Alvin, TX 77511

3 beds • 2 baths • 2138 sqft

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This property looks like a bad Long-Term investment with a projected -12.27% first-year return on $68,250 initial cash invested.

-12.27%

Cash On Cash

3.6%

Cap Rate

0.62

DSCR

$2,160

Rent

-$698

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,160

Total Expenses

$2,858

Mortgage P&I

73%

$1,566

Property Taxes

29%

$616

Home Insurance

5%

$114

HOA

0%

$0

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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Comparable Property

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Beds

Baths

SQFT

Distance

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2

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

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$2,850

5

4

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0.6 mi

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2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

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0.6 mi

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